Elon Musk abandons plans to lay off 75% of Twitter staff

Date:

Tesla and SpaceX CEO has announced to company employees that he has no plans to cut jobs in the end

Tesla and SpaceX CEO Elon Musk has informed Twitter employees that he finally has no plans to cut nearly 75 percent of the social network’s workforce when he finally takes control of the network, the agency reported. Wednesday to Bloomberg.

After the tycoon announced his plans to the social network’s investors to cut its workforce by three-quarters last week, Musk told employees of the company during a visit to the company’s headquarters in San Francisco that such a cut is finally not appropriate. in their plans.

However, Twitter had already expected to lay off part of its team due to economic factors, which would have caused stress among the employees.

All in all, a downsizing would affect not only the workforce, but also the company’s infrastructure and the data centers that run the social network.

Therefore, according to experts consulted by the aforementioned agency, the decision could affect the millions of users of the social network, as they are at risk of possible hacks and more exposed to offensive material.

Musk has a date until this Friday to finalize the Twitter acquisition if he wants to avoid filing a lawsuit with the company, after which the businessman and engineer announced his intention to abide by the original agreement to buy Twitter for $54.20 per share, which would total $44,000 million (44,880 million).

Source: La Verdad

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Prohibition of mobile phones in schools – what does Digital Detox bring to the classroom?

Mobile phones have been banned from many classrooms since...

Cheers around Leo XIV – Romans are welcomed by their “Dad Americano”

In all corners and ends of the Vatican, the...

Budget plan reveals – no cuts in security, but with asylum

There must be no savings on security - but...