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Benzinga
Benzinga
Business
Chris Katje

If Twitter Lays Off Employees After Elon Musk Buyout, Here's Who Could Get Cut

Elon Musk Nasdaq NYSE Tesla Inc. Twitter Inc. TWTR

Social media platform Twitter Inc (NYSE:TWTR) could have a new owner with a pending $44-billion acquisition by Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is completed, and the deal could bring massive job cuts to the company. 

What Happened: Twitter could cut 75% of its workforce if the acquisition by Musk is finalized, according to a Thursday Washington Post report. The cuts would take Twitter’s staffing levels from 7,000 to around 2,000.

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