Elon Musk reportedly intends to reduce Twitter’s personnel by 75%.

The majority of Twitter’s workers will be laid off by Elon Musk if and when he acquires the social media business, the Washington Post reported on Thursday.

According to the story, Musk has informed potential investors in his purchase of Twitter that he intends to lay off approximately 75% of the company’s 7,500 employees, leaving it with a skeleton staff. Documents and unidentified persons familiar with the discussions were mentioned by the newspaper.

based in San Francisco Requests for comment from Twitter and Alex Spiro, an attorney for Musk, were not immediately answered.

Even while job cutbacks were anticipated regardless of the sale, Musk’s proposed ones will be much more severe than anything Twitter had in mind. Musk has previously hinted at the necessity to reduce the company’s workforce, but he hasn’t specified a number, at least not in public.
According to Wedbush analyst Dan Ives, a 75% personnel reduction would suggest, at least initially, higher free cash flow and profitability, which would be appealing to investors eager to get in on the sale. That stated, progress cannot be achieved by cutting corners.

Ives continued by saying that a workforce decrease of this kind would probably cause Twitter to fall years behind.

Twitter and its users may suffer if expenditures in content moderation and data security are reduced, according to experts, organizations, and even Twitter’s own workers. The platform may swiftly be inundated with bad content and spam with such a significant reduction as Musk may be contemplating; the latter of which the Tesla CEO himself has claimed he’ll handle if he becomes owner of the business.

Musk withdrew his $44 billion purchase offer for Twitter in April, claiming that Twitter had overstated the amount of phony “spam bot” accounts it had on its network. A Delaware judge has given the parties until October 28 to resolve the issues raised by Twitter’s lawsuit. If not, a trial will take place in November.