Elon Musk wants to lay off three quarters of employees

After months of economic and legal twists and turns, Elon Musk is preparing to buy Twitter for 44 billion dollars. At the same time, the manager planned to dismiss almost 75% of the 7,500 employees of the social network. The boss of Tesla and SpaceX has told potential investors that he hears reduce the company to some 2,000 employeesaccording to the American daily.

But even if Elon Musk failed to acquire Twitter, the platform plans to thank almost a quarter of the staff anyway by the end of 2023, according to Washington Post sources. Twitter did not react immediately.

At the end of April, the manager had made an acquisition offer accepted by the group’s board of directors at the end of April, claiming to want to defend the freedom of expression. He then sought to get out of the deal, accusing the company of lying to him about his fight against rogue accounts.

Twitter filed a complaint in early July, and Elon Musk finally assured earlier this month that the transaction was really going to take place. The judge adjourned the trial that should have taken place this week, and given both parties
until October 28 to conclude a new agreement.

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