Washington Post On the 20th local time, citing relevant interviews and documents, billionaire Musk told potential investors in the merger and acquisition of Twitter that he plans to cut about 75% of the social media company's 7,500 employees.
According to the Washington Post, whoever owns the company is expected to execute layoffs in the coming months. Twitter's current management plan will reduce the total salary payable by about $800 million by the end of next year, which means a quarter of workers will be fired.
reported that Twitter's human resources cadres have told employees that the company has no plans to lay off employees, but relevant documents show that before Musk bids for the merger, the company's large-scale plan to lay off employees and cut infrastructure costs was ready.
. Twitter did not respond immediately to Reuters' request for comment.
Musk previously accused Twitter of underreporting the number of robots and spam accounts, and wanted to cancel the merger and acquisition case in May, and since then, the two parties have launched a series of legal lawsuits.
Early this month, Musk changed his course and said that he would continue to carry out the merger and acquisition case according to the original conditions.
#Musk# #Musk acquired Twitter for US$44 billion#
