Before the acquisition of Twitter, it was reported that Elon Musk would remove employees from the company. It was said in a report that Musk can lay off about 75 percent of employees from Twitter. However, it has not been decided yet.
social media company twitter The procurement work has been completed. The acquisition of $ 44 billion was completed on Friday. Tesla Motors CEO Elon Musk has bought Twitter. According to a report, Musk will now start laying off employees from Twitter. Elon Musk has made a complete plan for layoffs. This information has been given in a media report.
In a report published on Saturday, ‘The New York Times’ said that Musk has made a plan to lay off employees. The retrenchment will be done in a phased manner.
According to the plan, some Twitter managers have been asked to prepare a list of layoffs, the report said. Include the names of those people in the list who have to show the way out. Before the acquisition of Twitter, it was reported that Elon Musk would remove employees from the company. It was said in a report that Musk can lay off about 75 percent of employees from Twitter.
what does the report say
The New York Times said in its report, Musk, who completed the $ 44 billion Twitter acquisition, has ordered layoffs from the entire company. In some teams, more people will lose their jobs. However, how many employees will be lost and how many people will be removed from which team, it has not been decided yet. Its detailed planning is being done now. About 7500 people work in Twitter.
Musk will take a big step
It has been said in the report that the retrenchment work in Twitter can be completed before November 1. Employees will also be given compensation for this. Musk has told his investors that he will make the company private and reduce the workforce. Musk may end Twitter’s content moderation rule and consider a new way of earning money. Musk has made a tweet writing ‘So Brave’ and ‘Free Speech’, which shows that he is ready to reshape Twitter.
After a big controversy, the work of buying Twitter has been completed. Elon Musk backed out after talking about a $44 billion deal. But the matter went to court. If the deal was not completed, Musk would have had to pay a hefty fine. After heavy pressure, Musk completed the deal on Friday and now it has become the social media company of Elon Musk.
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