According to documents obtained by The Washington Post, Elon Musk will say goodbye to 75% of the workforce when he takes over Twitter. Moreover, the workforce problem on Twitter will not be experienced only with Musk.
About to buy Twitter in the past weeks Elon Musk repeating his $44 billion offercame up with an interesting document today. The documents obtained by The Washington Post will not be in favor of keeping the vast majority of employees at work after Elon Musk bought Twitter.
Musk’s comment was also included in the documents in question about Twitter’s workforce. According to the statements in the document, Musk told investors after purchasing Twitter. Plans to ‘get rid’ of 75% of 7,500 employees expressed.
There will be layoffs even if Musk doesn’t get Twitter:
Moreover, the Washington Post made a striking conclusion based on documents and previous statements. According to the shared details, Twitter, even if Musk does not get it to a massive layoff will host.
Accordingly, if Twitter’s current management does not deteriorate, the company will continue until the end of this year. a quarter of the workforce will say goodbye. The cost of this goodbye to Twitter 800 million While being transferred in dollars, it is stated that the company has already set aside this money.
The deal between Twitter and Musk is expected to be resolved on October 28, and eventually this business is partially finished.
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Source :
https://www.washingtonpost.com/technology/2022/10/20/musk-twitter-acquisition-staff-cuts/