Engineer, entrepreneur, inventor and investor Elon Musk. File photoMOSCOW, Oct 21 Entrepreneur Elon Musk wants to fire 75% of Twitter's staff if it is acquired, but massive layoffs are expected even if the deal falls through, the Washington Post reports, citing corporate documents. The microblogging service could be acquired by entrepreneur Elon Musk for $44 billion. According to the publication, he has already informed potential investors in the deal that he intends to fire 75% of the company's staff, numbering 7.5 thousand employees. criticized the actions of the US Federal Reserve to raise interest ratesLarge-scale cuts are expected even if the Musk deal with Twitter falls through. According to corporate documents, the company's current management planned to cut the payroll by about $800 million by the end of 2023, which means the departure of almost a quarter of employees. The company also plans to make significant cuts to its infrastructure, including data centers. Data scientist Edwin Chena said Musk's proposed cuts are «unimaginable» and would put Twitter users at risk of being hacked and accessing offensive material such as child pornography.
The American presenter explained how the US will take revenge on Musk because of Ukraine
