According to the Washington Post, Twitter is in a hurry to close the sale because it would leave “painful” decisions to the new owner| Photo: EFE/Ulises Ruiz Basurto
Entrepreneur Elon Musk has plans to cut 60% of Twitter employees, leaving the total at about 2,000, according to The Washington Post, which claims to have obtained documents about the latest conversations between the billionaire and potential investors that will help him close the purchase of the social network.
The newspaper also states that, even if the purchase is not formalized, the company will make large cuts that would affect approximately 17% of the 7.5 thousand workers. Musk has not yet officially positioned himself on the news.
According to the documents consulted and other sources, the cuts would not only affect employees, but the company’s infrastructure, specifically the data centers that allow the operation of the network, which is consulted by more in 200 million users per day.
These cuts – still according to the newspaper – would explain the anxiety with which Twitter tried to close the sale to Musk for US$ 28 billion, as this would mean that the current management would leave the most painful decisions to the new management team.
If there are no new chapters in the novel involving the purchase of Twitter, the deal will be concluded in 28 of October.
Get our newsletters
By registering for our newsletters, you agree to our Terms of Use and Privacy Policy, including receiving content and promotions from Gazeta do Povo. Unsubscribing can be done at any time at this link.