Entrepreneur Elon Musk has plans to lay off 75% of Twitter employees and reduce them to about 2,000 people, according to The Washington Post.
The newspaper claims to have obtained documents about the latest talks between the millionaire and potential investors that will help him complete the purchase of the social network.
The Washington Post also adds that, even if the purchase isn’t formalized, the company will make major staff cuts that will affect about a quarter of its 7,500 employees.
No other media outlet has repeated these plans to date, and Musk has not responded via his Twitter account either.
The paper notes that the cuts could affect the network’s ability to monitor harmful or objectionable content, such as child pornography, and prevent content security breaches.
According to documents consulted by The Washington Post and testimony from other sources, the cuts would affect not only staff but also the company’s infrastructure, especially in the data centers that enable the operation of the network, which is accessed daily by more than 200 million users.
According to the newspaper, the aforementioned cuts explain the fear with which Twitter has attempted to complete the $44 billion sale to Musk (about $45 billion), as it would mean that the current management team would make decisions more difficult for future management.
An expert in science data contacted by the publication noted that, if the cuts are confirmed, they will have a “ripple effect”: poorer services, fewer support staff and an increasing demoralization of the rest of the workforce, who will face months of uncertainty about Elon Musk’s interests in the company.
If there are no new developments, the purchase will be sealed on October 28, the day when Musk becomes the sole owner of the social network Twitter and can make the changes he wants.
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Source: DN
