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. Mr 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 Washington Post.
The newspaper cited documents and unnamed sources familiar with the deliberations. San Francisco-based Twitter and a representative for Mr Musk’s lawyer Alex Spiro did not immediately respond to messages seeking comment.
While job cuts have been expected regardless of the sale, the magnitude of Mr Musk’s planned cuts are far more extreme than anything Twitter had planned. Mr Musk himself has alluded to the need to cull some of the company’s staff in the past, but he had not given a specific number in public.
