Elon Musk wants to lay off almost 75% of Twitter employees

Now that his deal with Twitter seems finally acted, Elon Musk intends to impose its rules in the company. According to information obtained by the washington post, the richest man in the world plans to drastically reduce the number of Twitter employees, to focus on performance. The future owner of the blue bird would thus have “declared to potential investors […] that he planned to get rid of almost 75% of Twitter’s 7,500 employees, reducing the company to a skeleton staff of just over 2,000 people, “learns the washington post.

The newspaper obtained a letter sent by Sean Edgett, Twitter’s lead attorney, to employees, in which he “tells them that the company has not received confirmation from Musk regarding its plans.” Accustomed to provocations, controversies and other turbulence that embarrasses Twitter, the boss of SpaceX and Tesla would still have shown his intention to lay off certain employees as early as June, during “the only public meeting at which he has participated”. Asked about the workforce, “he replied that he saw no reason for the least performing employees to stay on”. According to washington post, Elon Musk told his associates that he believed that a “drastic reduction in the size of the company was the first step in implementing a turnaround strategy”. The potential future owner would like to develop new services to generate more income.

However, the fate of Twitter employees does not depend only on his goodwill. According to documents consulted by the American newspaper, the management of Twitter plans to reduce the wage bill by “the end of next year”, by targeting “a quarter of the workforce” and this, whoever owns the network. social. It would seem that the staff reduction target dates from “before Musk offered to buy the company”; he would have taken advantage of this dynamic to target employees deemed “non-performing by human resources”.


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