Last Updated on 10/22/2022 by てんしょく飯
Elon Musk, who is said to be in the process of acquiring Twitter, reportedly plans to lay off 75% of the company’s employees.
The process is expected to be completed by the 28th of this month
The world’s richest man, Elon Musk, recently agreed to buy Twitter for $44 billion (about 6.6 trillion yen), and the process is said to be expected to be completed by the 28th of this month. However, according to a new report by the Washington Post, Elon plans to lay off 75% of his employees.
Twitter currently has 7,500 employees; a 75% cut would mean 5,500 employees would be laid off, leaving only 2,000.
Elon recently attended the 2022 financial results presentation of Tesla, of which he is a co-founder. There he stated that he was “paying too much money for Twitter.” Ultimately, however, he made the decision to accept Twitter’s offer of $54.20 per share.
Elon’s acquisition of Twitter was seen as a “golden ticket” for the struggling company, and it was hoped that his leadership would boost staff morale and possibly bring out the ability of employees to fight misinformation, hate speech, and spam. The company was hoping that his leadership would boost staff morale and possibly empower employees to fight misinformation, hate speech and spam. The news of the job cuts came at a time when many of us were disappointed.
コメント