According to the data, Elon Musk wants to lay off 75 percent of the company’s employees in case of a successful acquisition of Twitter. But it’s not the billionaire himself: Even without the deal, Twitter will still make massive cuts.

what’s going on on twitter

• According to the Washington Post, 7.5 thousand people work on Twitter. If Elon Musk buys the company, then approximately 2,000 employees will remain in the state.
• Interestingly, Twitter’s current leadership planned to cut its payroll by about $800 million by the end of next year, even if the Musk deal failed. This would mean laying off almost a quarter of employees.
• The company also plans to “seriously downsize” its infrastructure, including its data centers.
• Data analytics expert Edwin Chen said Musk’s proposed cuts were “incredible”. will lead not only to an increase in the number of successful hacker attacks and hacks, but also to a deterioration in the quality of content moderation. – Twitter will allow more offensive content, including child pornography.

Musk has a deadline of October 28 to complete the Twitter purchase. Meanwhile, anonymous sources report that the deal is proceeding in “good faith”.

hi stack order

However, it’s not all bad news for company employees. As The Verge writes, Elon Musk will implement the so-called stack orderWhat many see as a “culture of cannibalism” and Microsoft abandoned it in 2013.

Stack rating is a personnel evaluation process in which the management of each business unit must analyze the performance of employees and classify a certain percentage as the best, average, or poor performers. Former Microsoft employees say this leads to competition among colleagues rather than encouraging teamwork and collaboration. This system assumes that some group of individuals must inevitably receive low grades to fit the method.

There are currently no details on this.

Very expensive

On October 20, Musk made another statement about the value of the company. Yes, in his view, he and other investors are overpaying for Twitter.

Me and other investors are clearly overpaying for Twitter right now. I think Twitter’s long-term potential is much higher than it’s current value.
– says billionaire.

Such disclosures do not help Musk. A judge in the state of Delaware has decided to stay Twitter’s case, giving the billionaire until October 28 to close the deal under terms defined in April.