“Twitter’s workforce is likely to be hit with massive cuts in the coming months, no matter who owns the company, interviews and documents obtained by The Washington Post show, a change likely to have major impact on its ability to control harmful content and prevent data security crises,” the Washington Post reported on Thursday.
LEARN TO CODE: Elon Musk Just Sent a Huge Warning Shot to ‘Woke’ Twitter Employees Ahead of Buyout Deal Expected to Close.
Billionaire tech entrepreneur Elon Musk just send a huge warning shot to ‘Woke’ Twitter employees ahead of his buyout offer for the social media giant, a deal that is expected to close next week.
“Even if Musk’s Twitter deal falls through — and there’s little indication now that it will — big cuts are expected: Twitter’s current management planned to pare the company’s payroll by about $800 million by the end of next year, a number that would mean the departure of nearly a quarter of the workforce, according to corporate documents and interviews with people familiar with the company’s deliberations,” the report said. “The company also planned to make major cuts to its infrastructure, including data centers that keep the site functioning for more than 200 million users that log on each day.”
“The extent of the cuts, which have not been previously reported, help explain why Twitter officials were eager to sell to Musk: Musk’s $44 billion bid, though hostile, is a golden ticket for the struggling company — potentially helping its leadership avoid painful announcements that would have demoralized the staff and possibly crippled the service’s ability to combat misinformation, hate speech and spam,” WaPo added.
Well, we all saw how gung-ho Twitter was about “combating misinformation” two years ago: This Insane 2020 Time Magazine Article Explains Exactly Why The Left Fears Losing Twitter.