According to The Washington Post, which cites interviews and documents obtained by the publication, Twitter is following in the footsteps of other tech giants in cutting its.
In context: Twitter has denied reports that it is planning major reductions to its workforce over the next couple of months, no matter who owns the company. The same source claims that if Elon Musk is at the helm, the layoffs will hit a massive 75% of Twitter’s entire staff, equal to around 5,000 people.
According to The , which cites interviews and documents obtained by the publication, Twitter is following in the footsteps of other tech giants in cutting its workforce during these times of economic uncertainty.
The Post writes that should Musk’s acquisition fall apart, something that looks highly unlikely given his recent comments about the platform’s potential, Twitter’s current management plans to cut the payroll by $800 million by the end of the year.
