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Musk said he planned to reduce Twitter’s staff from approximately 7,500 to around 2,000 employees, a nearly 75 percent decrease.
Tesla and SpaceX CEO Elon Musk reportedly told investors this week that he plans to cut Twitter’s workforce by almost 75 percent should his deal to buy the social media platform close.
According to the Washington Post, Musk said he planned to reduce Twitter’s staff from approximately 7,500 to around 2,000 employees, a nearly 75 percent decrease.
The billionaire offered to buy Twitter in Aprilbut then sought to end the acquisition a few months later, which resulted in a legal battle between him and the company.
Earlier this month, Musk announced he would go through with the original deal.
Continued below.
Musk plans to fire 75 percent of Twitter staff: report
Tesla and SpaceX CEO Elon Musk reportedly told investors this week that he plans to cut Twitter’s workforce by almost 75 percent should his deal to buy the social media platform close.
According to the Washington Post, Musk said he planned to reduce Twitter’s staff from approximately 7,500 to around 2,000 employees, a nearly 75 percent decrease.
The billionaire offered to buy Twitter in Aprilbut then sought to end the acquisition a few months later, which resulted in a legal battle between him and the company.
Earlier this month, Musk announced he would go through with the original deal.
Continued below.
Musk plans to fire 75 percent of Twitter staff: report