Taylor Hatmaker at TechCrunch, writing about a pretty tough story:
Musk has previously gestured at plans for layoffs if he were to buy Twitter, but those cuts could go even deeper than previously imagined.
According to a new report from the Washington Post, Musk plans to purge 75% of Twitter’s workforce, or around 5,600 employees. If Musk’s vision for a much leaner platform comes to fruition, Twitter would be forced to operate with a sliver of its current staff.
Between broader economic factors and ongoing criticisms that Twitter has failed to deliver on its promise (at least as far as investors are concerned), Twitter was always going to trim its workforce. But cutting the staff down by three quarters isn’t what most people had in mind. The Post noted that Twitter already planned to cut around a quarter of its workforce — but leaving a quarter of the workforce is a different situation altogether.
I know people who have already resigned from Twitter over the whole Musk situation, but I didn’t think this sort of thing was going to be in the cards.