According to a report published by The Washington Post, Elon Musk is floating the idea of laying off 75 percent of Twitter’s workforce, or roughly 5,500 of the total 7,500 employees, to potential investors.
Elon Musk might just be jonesing to kill 5,500 birds with one stone. According to a report published Thursday by, the Tesla mogul is floating the idea of laying off 75 percent of Twitter’s workforce, or roughly 5,500 of the total 7,500 employees, to potential investors.
According to documents obtained by the newspaper, which also interviewed a number of insiders close to the matter, Twitter’s current management had been planning to slash the company’s payroll down to around $800 million by the end of next year.
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