Elon Musk wants to lay off most of the workers after acquiring the ownership of the popular microblogging site Twitter. He told this plan to potential investors. News Engadget.
According to the report, he is planning to lay off about 75 percent of Twitter’s 7,500 employees. As a result, the large size of the company will be reduced.
Neither Twitter nor Musk’s lawyer, Alex Spiro, was available for commenting on the matter.
Earlier it was said that the workforce will be reduced after buying Twitter. Elon Musk then hinted at the need for workforce reductions, though he didn’t give a specific number.
