Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company, according to a report Thursday, Oct. 20, 2022, by The Washington Post.
FILE - Elon Musk speaks at the SATELLITE Conference and Exhibition on March 9, 2020, in Washington.
SAN FRANCISCO (AP) — Elon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post .
Musk has told prospective investors in his Twitter purchase that he plans to cut nearly 75% of Twitter’s employee base of 7,500 workers, leaving the company with a skeleton crew, according to the report.
San Francisco-based Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment.
After his initial $44 billion bid in April to buy Twitter, Musk backed out of the deal, contending Twitter misrepresented the number of fake “spam bot” accounts on its platform. »