Report Elon Musk plans to cut 75% of Twitter workforce Elon Musk - Twitter HEAD TOPICS
Report Elon Musk plans to cut 75% of Twitter workforce
10/21/2022 11:53:00 PM One expert says such a drastic reduction in Twitter s workforce would likely set the company back years
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One expert says such a drastic reduction in Twitter ’s workforce would likely set the company back years. 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 . 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. The newspaper cited documents and unnamed sources familiar with the deliberations.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. 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. Read more:
Alaska's News Source » Elon Musk reportedly plans to slash 75% of Twitter's workforce if he becomes owner Elon Musk plans to cut 75% of Twitter workforce: Report Elon Musk Plans to Lay Off Nearly 75% of Twitter Employees, or 5,500 Staffers (Report) Elon Musk, noted SF critic, reportedly plans mass Twitter layoffs Watch Christina Aguilera s Life in Looks From Moulin Rouge to Dirrty
The pop star revisits her best—and boldest—outfits over her career. Read more >> Elon Musk reportedly plans to slash 75% of Twitter's workforce if he becomes owner 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... How many of them own Teslas 🤣🤣🤣😂😂😂 And then hire rational, sane, non censoring workers That would be the trolls 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 Lay Off Nearly 75% of Twitter Employees, or 5,500 Staffers (Report) Elon Musk could be set to slash Twitter ’s headcount drastically once his $44 billion deal for the social network goes through. The mega-billionaire has told potential investors in the Twitter … How is this not a sign to the investors that they should pull their money? A true man of the people…. It’s been real Twitter! Elon Musk, noted SF critic, reportedly plans mass Twitter layoffsMusk has previously hinted he would move Twitter out of San Francisco, falsely claiming its presence in The City gives the platform 'a strong left bias.' He's bluffing. But if elonmusk moves Twitter out of San Francisco I am going to go out on a limb and say... Who gives a f*ck. Let’s focus on supporting small businesses. Then big biz will want to come and stay here. sf Elon Musk plans to lay off 75% of Twitter’s staff, report Digital TrendsIf ElonMusk finally gets his hands on Twitter in the next week, a new report suggests he could lay off up to 75% of the workforce. Let's Go 👍🇧🇷 He'll also monetize all the favorite features. He didn't buy it to 'free' it, he bought it to make money. oh well, they can always learn to...oh wait, they already know how to code. heard mickey d's is hiring 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 . 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.SAN FRANCISCO — 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.Follow Us.Twitter ’s headcount drastically once his $44 billion deal for the social network goes through. The newspaper cited documents and unnamed sources familiar with the deliberations. San Francisco-based Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment. The newspaper cited documents and unnamed sources familiar with the deliberations. 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.20/share offer for Twitter, after spending three months attempting to back out of the deal. “That said, you can’t cut your way to growth. SAN FRANCISCO — 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.” 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. The newspaper cited documents and unnamed sources familiar with the deliberations. 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. 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. 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.” That was before Musk tried to exit the deal in early July, whereupon the company sued him, seeking to enforce the terms of the merger agreement. Twitter sued, and a Delaware judge has to work out details. Otherwise, there will be a trial in November. “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. Copyright 2022 The Associated Press. All rights reserved.” Ives added that such a drastic reduction in Twitter’s workforce would likely set the company back years. Most Read .