Elon Musk reportedly cutting 75% of Twitter's workforce after buyout

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Elon Musk reportedly cutting 75% of Twitter's workforce after buyout
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Billionaire Elon Musk reportedly planning to slash about 75 percent of Twitter's staff, in a major transformation of the tech giant after $44B buyout

Billionaire Elon Musk told prospective investors in his deal to buy Twitter Inc that he planned to get rid of nearly 75 percent of the social media company's 7,500 workers, the Washington Post hasThursday's development came after Tesla CEO Musk decided to continue his $44 billion Twitter buyout and suggested a major transformation in the tech company.

Earlier this month, Musk reversed course and said he will proceed with the deal on the original terms.

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