Elon Musk plans to slash Twitter staff by 75% after acquisition Report Twitter Layoffs HEAD TOPICS
Elon Musk plans to slash Twitter staff by 75% after acquisition Report
10/21/2022 9:50:00 AM Elon Musk plans to slash Twitter staff by 75% after acquisition Report
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Source ABC7 News
Elon Musk plans to slash Twitter staff by 75% after acquisition Report 'He has everything upside down, and this is his style': If true, and only after Musk's deal to buy Twitter goes through, roughly 5,500 people could face potential layoffs. Experts say taking humans out of the equation will unquestionably impact operations. "Whether they're entitled to stock," he said. "For example, whether the effect of this type of decision and the timing of it is meant to somehow reduce the amount of stock or stock options that they'd otherwise be entitled to under the merger." "Those are just some of the things that I'd be looking at if I was a Twitter employee," Molumphy shared.The Washington Post said the move would bring Twitter's entire workforce down to about 2,000 people."You need the human factor to do so many things that algorithms and AI cannot do it," Banafa pointed out. Read more:
ABC7 News » Tesla Semi's 500-Mile Range Is Calculated With Cargo, Says Musk Report: Elon Musk plans to cut 75% of Twitter workforce Twitter workforce may be cut nearly 75% by Elon Musk: report Elon Musk Reportedly Plans To Gut Twitter Staff By 75% Inside the only lithium producer in the U S which provides the critical mineral used in batteries by Tesla EV makers
Silver Peak has gained newfound attention in recent years as the energy and transportation sectors race to wean themselves off climate-warming fossil fuels. Read more >> Tesla Semi's 500-Mile Range Is Calculated With Cargo, Says MuskThe Tesla Semi aims to transition the trucking industry, but it has to have enough range and fast-charging capacity for it to make sense in many use cases. Game changer The world’s most credulous twitter account Are those boxes empty or contain cargo? Report: Elon Musk plans to cut 75% of Twitter workforceSAN FRANCISCO (AP) — Elon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post . Twitter workforce may be cut nearly 75% by Elon Musk: reportReports say Billionaire Elon Musk has plans to cut Twitter's workforce by almost 75% if his deal to take over the social media platform is finalized. Slash those jobs! Jamie Dimon needs to clean his bank up screwed lot bad rep 🤣 Hope it’s higher Elon Musk Reportedly Plans To Gut Twitter Staff By 75%Drastic reductions would likely boost 'offensive' content like porn, falsehoods and hate-filled attacks as more posts go unsupervised. Report: Elon Musk plans to cut 75% of Twitter workforceElon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company. Elon Musk plans to cut 75% of Twitter workforce: ReportElon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post. Does this also mean a 75% cut in blatant state-sponsored censorship? Sign me up. Got to trim the fat. literally and fig…. Ahhhh forget it. Y’all are too sensitive. Good More Videos "Whether they're entitled to stock," he said.F-150 Lightning .prospective investors in his Twitter purchase that he plans to cut nearly 75% of Twitter’s employee base of 7,500 workers, leaving the company with a skeleton crew, according to the report.and SpaceX, until Oct. "For example, whether the effect of this type of decision and the timing of it is meant to somehow reduce the amount of stock or stock options that they'd otherwise be entitled to under the merger." "Those are just some of the things that I'd be looking at if I was a Twitter employee," Molumphy shared. While the comments may have applied to the base model, even 300 miles of range with the larger battery could prove to be minimal for people who are working the truck hard and towing and hauling. The Washington Post said the move would bring Twitter's entire workforce down to about 2,000 people. While job cuts have been expected regardless of the sale, the magnitude of Musk’s planned cuts are far more extreme than anything Twitter had planned. "You need the human factor to do so many things that algorithms and AI cannot do it," Banafa pointed out. During Tesla's Q3 2022 earnings call, Musk attempted to dispel concerns and/or rumors that due to the Semi truck's heavy batteries, it may not be able to pull off its 500-mile targeted range. MORE: Twitter closing or downsizing offices in San Francisco, New York; Oakland expansion plans dropped He said taking humans out of the equation will no doubt impact operations. On Tesla’s earnings call Wednesday, Musk said he was "excited about the Twitter situation. The platform would be without institutional knowledge to moderate content and protect security. Musk shared via Teslarati: “We will begin ramping up production of the Tesla Semi. “That said, you can’t cut your way to growth. "He might know how to make a car," Banafa told ABC7 News. "But to run a media company like this, with all the factors around it - worried about the offensive comments, offensive content, worried about the spam that's gonna happen, the hacking that's gonna happen - that's a different story. Just to be clear, 500 miles with the cargo on level ground." The news of potentially slashing a majority of Twitter staff is just the latest in an ongoing saga surrounding Musk and the company. "The problem with the employees, that, if these reports are true are about to be let go," Molumphy referenced. However, when EVs head downhill, they can recoup energy thanks to their regenerative braking systems. (Michael Gonzalez/Getty Images / Getty Images) Twitter officials planned to take cost-cutting measures even in the event the Musk acquisition doesn’t close, the Washington Post reported. "He's dealing with people's lives. With shareholders, he's dealing with people's life savings. And the number of times people tell, ‘No, you can’t — it’s impossible to make a long-range heavy-duty Class 8 truck. It becomes a bit cruel after a while." If you're on the ABC7 News app, .