So Elon is not laying off 75% of Twitter staffers?

  • Elon Musk visited Twitter HQ earlier this week, sink in hand for some reason.
  • It is also believed that the reports of him firing 75 percent of staff once the deal to purchase the company is concluded were not accurate.
  • Said deal needs to be completed by Friday afternoon (28th October).

Last week several outlets, including our own, reported on Elon Musk’s desire to fire as much as 75 percent of Twitter staff once his deal to purchase the social media platform concluded.

This in an effort to streamline efforts as Twitter was losing quite a bit of money while it looked to add more money-making features to its platform.

As it turns out, those reports are said to be exaggerated, as sources close to the matter informed Bloomberg (paywall) that Elon Musk has no such desires, following his recent visit to Twitter HQ earlier this week.

Musk is said to have denied the number while addressing Twitter employees at the company’s building in San Francisco on Wednesday. That said, it looks like there will be some lay offs, with it now more a matter of semantics, so the number might not be as high as 75 percent. There will most likely be some casualties, however, when the deal is done.

Said deal needs to be finalised by tomorrow afternoon, 28th October, if Musk and Twitter don’t wish to head to court again, as this is the deadline that has been outlined for both parties.

Whether it will get over the line before then remains to be seen, but it looks like Musk is taking to his new role at Twitter quite well, changing his Twitter profile description to Chief Twit.

He was also in a jovial mode as he entered the Twitter building, making a dad joke as he held a sink, so there’s more of that to look forward to during the Musk-era Twitter. Jokes aside though, hopefully Elon Musk is aware of the massive task that awaits him once this purchase deal is concluded.


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