Elon Musk is now saying he doesn’t plan to cut 75% of Twitter jobs: report

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Elon Musk.
Elon Musk.

  • Elon Musk advised Twitter workers that he has no plans to cut 75% of jobs on the firm, Bloomberg reported.
  • This contradicts what he advised potential buyers simply final week.
  • Musk is anticipated to shut his $44 million deal to purchase the social media large on Friday.

Elon Musk advised Twitter workers on the firm’s San Francisco workplace that he has no plans to lay off 75% of workers on the firm as soon as he takes over, sources acquainted with the matter advised Bloomberg

The assertion immediately contradicts what Musk told prospective investors simply six days in the past.

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Even if the Tesla CEO doesn’t cut 75% of the corporate’s workforce, layoffs are nonetheless anticipated within the wake of his takeover, sources advised Bloomberg.

The billionaire is anticipated to shut his $44 million deal to purchase the corporate by Friday, months after he first introduced his plans to purchase the social-media large. Musk has till 5 p.m. ET on October 28 to agree to the deal or face a continued trial in court.

Musk is visiting the Twitter workplace this week, forward of his takeover deadline. Earlier right now, he tweeted a video of himself strolling into the corporate’s headquarters with a sink in his palms, with the caption “Entering Twitter HQ – let that sink in!”

Twitter employs 7,500 people throughout 24 countries.

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Twitter and Musk didn’t instantly reply to Insider’s requests for remark.

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