Elon Musk Plans to Cut 75% of Twitter Workforce Report Elon Musk - Twitter HEAD TOPICS
Elon Musk Plans to Cut 75% of Twitter Workforce Report
10/21/2022 11:51:00 PM Elon Musk is reportedly planning to cut 75% of the Twitter workforce
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Elon Musk is reportedly planning to cut 75% of the Twitter workforce According to a report by The Washington Post, the executive will leave only a skeleton crew in place if and when he purchases the social media giant. Related10/21/2022San Francisco-based Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment.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. Musk himself has alluded to the need to cull some of the company’s staff in the past, but he hadn’t given a specific number — at least not publicly. “A 75% headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal,” said Wedbush analyst Dan Ives. “That said, you can’t cut your way to growth.” Read more:
billboard » Elon Musk plans to cut 75% of Twitter workforce: Report Elon Musk plans to cut 75% of Twitter workforce, report says Twitter workforce may be cut nearly 75% by Elon Musk: report Report: Elon Musk plans to cut 75% of Twitter workforce PolitiFact - No research doesn t show the Earth was 2 degrees Celsius warmer 55 000 years ago
Former oil executive Dan Peña has made his stance on climate change clear. As far as he is concerned, it’s not an issue. Read more >> Kind of good step. I think it will also be ok to keep a productive team of 200 - 300 employees that just focus on delivering a great product rather than having useless meetings. Elon, do what your f***ing money could do for you and get lose from the Earth in one of your spacecraft, man. Elon Musk plans to cut 75% of Twitter workforce: Report 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. 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 Elon Musk plans to cut 75% of Twitter workforce, report says Elon Musk tells prospective investors that he plans to cut nearly 75% of Twitter ’s employee base of 7,500 workers, leaving only a skeleton crew. He’s the worlds largest Russ Ian asset 🤣😭👏🏼👏🏼👏🏼🙌🏼 And zero advertisers 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 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 . Report: Elon Musk plans to cut 75% of Twitter workforce Elon Musk plans to lay off most of Twitter 's workforce if and when he becomes owner of the social media company. Report: Elon Musk plans to cut 75% of Twitter workforce 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. So that’s over. 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.Follow Us.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.and SpaceX, until Oct. The newspaper cited documents and unnamed sources familiar with the deliberations. Related 10/21/2022 San Francisco-based Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment. 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. San Francisco-based Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment. Musk himself has alluded to the need to cull some of the company’s staff in the past, but he hadn’t given a specific number — at least not publicly. “A 75% headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal,” said Wedbush analyst Dan Ives. On Tesla’s earnings call Wednesday, Musk said he was "excited about the Twitter situation. “That said, you can’t cut your way to growth. “A 75% headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal,” said Wedbush analyst Dan Ives.” Ives added that such a drastic reduction in Twitter’s workforce would likely set the company back years. Already, experts, nonprofits and even Twitter’s own staff have warned that pulling back investments on content moderation and data security could hurt Twitter and its users. With as drastic a reduction as Musk may be planning, the platform could quickly become overrun with harmful content and spam — the latter of which the Tesla CEO himself has said he’ll address if he becomes owner of the company. Already, experts, nonprofits and even Twitter’s own staff have warned that pulling back investments on content moderation and data security could hurt Twitter and its users. After his initial $44 billion bid in April to buy Twitter, Musk backed out of the deal, contending Twitter misrepresented the number of fake “spam bot” accounts on its platform. (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. Twitter sued, and a Delaware judge has to work out details. Otherwise, there will be a trial in November. Daily newsletters straight to your inbox .