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Elon Musk vows to fire 75 PERCENT of Twitter's workforce - after admitting he and investors are paying too much in $44billion deal
Daily Mail ^ | 10/20/2022 | Melissa Koenig

Posted on 10/20/2022 3:28:21 PM PDT by marcusmaximus

Elon Musk has vowed to fire a whopping 75 percent of Twitter's workforce as part of his plan to take over the company.

Corporate documents obtained by the Washington Post reveal that the billionaire told prospective investors in his $44 billion deal to buy the social media giant that he plans to get rid of three-quarters of its 7,500 workers.

That would leave the company with just a skeleton crew of just over 2,000 employees, which experts say would make it difficult for the social media company to tamp down on what it deems to be 'misinformation.'

-snip-

The deal is expected to be finalized by next Friday

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: News/Current Events
KEYWORDS: 75percent; frontpage; musk; twitter
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This is just too funny,
1 posted on 10/20/2022 3:28:21 PM PDT by marcusmaximus
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To: marcusmaximus

Glorious!


2 posted on 10/20/2022 3:29:28 PM PDT by quikstrike98
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To: marcusmaximus
Elon Musk vows to fire 75 PERCENT of Twitter's workforce

And he'd still prolly be left with a lot of useless fat to cut.

3 posted on 10/20/2022 3:30:36 PM PDT by tomkat ( SOTU = FUBAR)
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To: marcusmaximus

That %75 is probably how many humans they have dedicated to their censorship team, I would put money on it.


4 posted on 10/20/2022 3:32:16 PM PDT by KobraKai
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To: tomkat

Woke is SO over. Bring on the midterms!


5 posted on 10/20/2022 3:33:26 PM PDT by marcusmaximus
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To: KobraKai

.
You may recall, Lindsey Graham wants to Investigate Musk.

I looked it up, Meta (FB) and Social Media Companies are some of the biggest donors to Graham.

He’s silent when they block Conservatives, but doesn’t want Musk taking over.

.


6 posted on 10/20/2022 3:35:39 PM PDT by AnthonySoprano (Statute of Limitations is going to elapse on Hunter Biden )
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To: tomkat
The NSA has 40,000 employees, doing essentially what twitter employees are doing—looking at a computer screen all day. If Twitter returns to freedom of speech, those employees are not needed. Now for the NSA. What has it done to earn its keep?
7 posted on 10/20/2022 3:36:01 PM PDT by Fungi
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To: marcusmaximus

Learn to code.


8 posted on 10/20/2022 3:37:31 PM PDT by seowulf (Civilization begins with order, grows with liberty, and dies with chaos...Will Durant)
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To: quikstrike98

9 posted on 10/20/2022 3:38:09 PM PDT by marcusmaximus
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To: marcusmaximus

He does not have to fire them. All that he has to do is announce that he converting to a pro-Trump forum and most of them will quit.


10 posted on 10/20/2022 3:38:41 PM PDT by Revel
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To: marcusmaximus

Meet the new boss,
same as the old boss....the parting on the Left is now the parting on the Right....

The Who song

A change, it had to come
We knew it all along
We were liberated from the fold, that’s all
And the world looks just the same
And history ain’t changed
‘Cause the banners, they’ve all flown in the last war

I’ll tip my hat to the new Constitution
Take a bow for the new revolution
Smile and grin at the change all around
Pick up my guitar and play
Just like yesterday
Then I’ll get on my knees and pray
We don’t get fooled again, no, no

I’ll move myself and my family aside
If we happen to be left half-alive
I’ll get all my papers and smile at the sky
For I know that the hypnotized never lie
Do you?
Yeah

There’s nothing in the street
Looks any different to me
And the slogans are effaced, by-the-bye
And the parting on the left
Is now parting on the right
And the beards have all grown longer overnight

Then I’ll get on my knees and pray
We don’t get fooled again
Don’t get fooled again, no, no
Yeah

Meet the new boss
Same as the old boss


11 posted on 10/20/2022 3:38:53 PM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: marcusmaximus

Could Musk launch the 80 million (yeah, right) people who “voted” for Biden into space?


12 posted on 10/20/2022 3:51:04 PM PDT by thegagline (Sic semper tyrannis )
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To: frank ballenger

One of the absolutely best R&R songs ever!
(love the intro :-)

/.02


13 posted on 10/20/2022 3:51:42 PM PDT by tomkat ( SOTU = FUBAR)
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To: marcusmaximus

Hold those 75% accountable to the people they cancelled, say $10,000,000 per cancelled account.


14 posted on 10/20/2022 3:52:31 PM PDT by Dogbert41 (Baruch Ha Ba Ba Shem Adonai!)
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To: marcusmaximus

My guess is that AT LEAST 75% of the current Twitter staff are uber liberal marxists.

My admonition to them is that TWITTER earned this STAFF TRIM when they permanently, arrogantly and smugly cancelled the President of the United States thereby flipping the bird to approximately half the adult population of the US.

I’m sure I speak for millions when I say tough shit!!


15 posted on 10/20/2022 3:53:01 PM PDT by Cen-Tejas
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To: marcusmaximus

My guess is that AT LEAST 75% of the current Twitter staff are uber liberal marxists.

My admonition to them is that TWITTER earned this STAFF TRIM when they permanently, arrogantly and smugly cancelled the President of the United States thereby flipping the bird to approximately half the adult population of the US.

I’m sure I speak for millions when I say tough shit!!


16 posted on 10/20/2022 3:53:01 PM PDT by Cen-Tejas
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To: marcusmaximus

It seems 75% of the staff do little more than police conservative posts, issue bans, warnings, and other harassing measures against those who dare to post conservative viewpoints or inconvenient truths. In a single move he will increase profit per employee and improve the product.


17 posted on 10/20/2022 3:57:52 PM PDT by ETCM (“There is no security, no safety, in the appeasement of evil.” — Ronald Reagan)
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To: KobraKai

“That %75 is probably how many humans they have dedicated to their censorship team, I would put money on it.”

Same here. About ten years ago I read that one of Facebook’s censorship/monitoring teams was 6-7 Muslim women living in Ireland.


18 posted on 10/20/2022 4:02:16 PM PDT by dennisw
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To: marcusmaximus

I read somewhere a few weeks back that, via documents made public in the twitter v Musk lawsuit, one of Musk’s friends/advisors was texting him that Twitter’s revenue per employee was 2.5x higher than other tech companies. So something is wrong when compared to its peers.

I believe even Jack Dorsey - the founder and former CEO - regrets how things went at the company and that he would have done it differently had he been able to course correct many years back. Seems that the employees have pulled off a successful mutiny and it requires an outsider to come in a clean house to effect real change. If Musk is sincere about making it a “public square for free speech” he has no choice but to shred their internal policies and rid the company of any vestige of their ideological biases.


19 posted on 10/20/2022 4:06:10 PM PDT by monkeyshine (live and let live is dead)
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To: marcusmaximus

I’m not a financial expert-and I don’t play one on TV-but it looks like Musk played the Twitter corporate heads bigtime-sounds like they are still trying to figure out what he did. He apparently intends to get rid of the censors and the lazy asses right out the gate-boost the profits and recoup some some of that outrageous high price right away-cool!


20 posted on 10/20/2022 4:07:10 PM PDT by Texan5 ("You've got to saddle up your boys, you've got to draw a hard line"...)
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