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Musk Plans to Cut 75% of Twitter Employees
The Information (sourced by WaPo) ^ | 10-20-2022 | Becky Peterson

Posted on 10/20/2022 3:34:32 PM PDT by monkeyshine

Major job cuts are coming to Twitter whether or not Elon Musk acquires the social media company.

Musk has told prospective investors that he plans to cut nearly 75% of staff at Twitter, The Washington Post reported Thursday. That would bring Twitter’s staff down from 7,500 employees to around 2,000. Over time, he would hire new people to increase the staff again, however.

And even if he doesn’t close, Twitter’s existing management planned to cut the workforce by about a quarter, the Post reported. The company also plans to make cuts to infrastructure like data centers.

Musk previously hinted at major job cuts in text messages with investor Jason Calacanis. But the Post report outlined much more significant job cuts than previously reported.

Musk is scheduled to close on his $44 billion acquisition of Twitter on October 28, or face trial in Delaware next month.


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: buyout; layoff; musk; twitter
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1 posted on 10/20/2022 3:34:32 PM PDT by monkeyshine
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To: monkeyshine

Sweet. They deserve a good, strong RIF.


2 posted on 10/20/2022 3:35:23 PM PDT by dinodino ( )
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Fan Freakin’ Tabulous!!!


3 posted on 10/20/2022 3:37:13 PM PDT by dsrtsage ( Complexity is just simple lacking imagination)
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To: monkeyshine

Well, at least they already know how to code.


4 posted on 10/20/2022 3:38:39 PM PDT by RightOnTheBorder
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To: monkeyshine
Could be that 75% of their accounts are phony..(?)
5 posted on 10/20/2022 3:39:03 PM PDT by unread ("It's not enough that we do our best; sometimes we have to do what's required." W. Churchill.)
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To: monkeyshine

This is awful! There’ll be nobody to check “facts” and declare what is true and what is “disinformation.” How will we get along without those special people?


6 posted on 10/20/2022 3:39:10 PM PDT by ProtectOurFreedom (The “I” in Democrat stands for “Integrity.”)
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To: monkeyshine

thinking about sending a case of Depends over to Twatter HQ to absorb all of the pants pissing going on right now.


7 posted on 10/20/2022 3:39:20 PM PDT by TonyinLA ( I don't have sufficient information to make an informed opinion said no lefty ever.)
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To: monkeyshine

What are the proposed moves by the See Eye Eh?


8 posted on 10/20/2022 3:41:03 PM PDT by Paladin2
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To: monkeyshine
Happy Thanksgiving, Twitter Bots!

No Turkey for You!



9 posted on 10/20/2022 3:41:13 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: monkeyshine

Maybe they’ll quit before that and solve the problem by itself.


10 posted on 10/20/2022 3:42:40 PM PDT by xp38
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To: All
135-E2-F7-A-80-E7-4-A28-A050-3-FD23159-CBBB

Facebook Funded Lindsey Graham



11 posted on 10/20/2022 3:42:48 PM PDT by AnthonySoprano (Statute of Limitations is going to elapse on Hunter Biden )
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To: monkeyshine

Put on notice! Yes!!!


12 posted on 10/20/2022 3:42:56 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: monkeyshine
YOU GO BOY!
13 posted on 10/20/2022 3:43:00 PM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: monkeyshine

To all twitter employees that wanted to force Musk to close the deal...careful what you wish for, you may get it.


14 posted on 10/20/2022 3:45:26 PM PDT by pfflier
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To: monkeyshine

15 posted on 10/20/2022 3:45:53 PM PDT by marcusmaximus
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To: monkeyshine

What possibly could 7500 Twitter employees be doing with themselves all day? I almost wonder if half of them are tucked away, creating leftist Tweets all day.


16 posted on 10/20/2022 3:46:50 PM PDT by 9YearLurker
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To: 9YearLurker

Fire the ones with green hair first!


17 posted on 10/20/2022 3:47:42 PM PDT by marcusmaximus
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To: monkeyshine

By cut he means replace.


18 posted on 10/20/2022 3:53:22 PM PDT by libh8er
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To: libh8er

A change in company culture begins with replacing people.


19 posted on 10/20/2022 3:54:34 PM PDT by libh8er
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To: marcusmaximus
"Fire the ones with green hair first!"

Wait a second. I've seen some girls with green hair that were entirely innocent.

It depends on the shade. And it depends on whether they're guilty or not guilty regardless of hair color.

But anything in the yellow green to kermit shade presumed guilty until proven otherwise.

20 posted on 10/20/2022 3:54:53 PM PDT by DannyTN
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