The head of Tesla and SpaceX has told potential investors that he intends to reduce the company — which he is buying — to about 2,000 employees, according to washington post.
Elon Musk has planned to fire nearly 75% of Twitter’s 7,500 employees if he succeeds in buying the social network, according to information published Thursday by washington post. The head of Tesla and SpaceX has indicated to potential investors that he intends to reduce the company to around 2,000 employees, according to the US daily.
The multi-billionaire is a priori on the verge of buying the social network for 44 billion dollars, after months of financial and legal development. But even if Elon Musk fails to acquire Twitter, the platform still plans to lay off nearly a quarter of its staff by the end of 2023, the sources said. washington post. Twitter did not immediately respond to a request from AFP.
At the end of April, the whimsical manager had made a purchase offer accepted by the group’s board and confirmed at the time that his priority was not profitability, but the defense of freedom of expression. He then tried to unilaterally back out of the deal, accusing the company of lying to him about its fight against automated accounts and spam.
One billion users are expected
Twitter filed a complaint in early July, and Elon Musk finally assured earlier this month that the transaction would indeed take place. The judge postponed the trial, which had been due to take place this week, and gave the two sides until October 28 to reach a new agreement. In mid-June, during a question and answer session with employees of the San Francisco company, the businessman had emphasized that he aimed to reach a billion users – instead of 230 million current – and to diversify the sources of income.
He also recalled the importance in his eyes of a less strict moderation of content within the limits set by law. Its design is at odds with many Twitter employees, unions and elected Democrats, who are calling on the social network to better fight hate speech, harassment and misinformation.
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His speech had revealed the extent of the gulf that separates his vision of a company from that of many Silicon Valley workers conquered by telecommuting. Elon Musk has thus demanded that Tesla employees work at least 40 hours a week face-to-face, otherwise they would lose their jobs. Faced with employees on Twitter, he explained that he wanted to emphasize the strategic orientations and the improvement of the products. He had not indicated whether he intended to lay off employees but had mentioned taking performance into account.