# Musk Plans Huge Employees Cuts at Twitter, Jokes About Merging with ‘Free Speech’ Social Networks
Musk Plans Huge Employees Cuts at Twitter, Jokes About Merging with ‘Free Speech’ Social Networks
And in the event you’re a Twitter worker, this week’s information will not be nice.
As per The Washington Put up:
“Musk advised potential buyers in his deal to purchase the corporate that he deliberate to eliminate almost 75 p.c of Twitter’s 7,500 staff, whittling the corporate right down to a skeleton workers of simply over 2,000.”
Musk’s deliberate workers cuts have been well-documented – again in Could, as a part of a leaked overview that Musk had despatched to potential buyers, it was reported that Musk was seeking to minimize round 1,000 workers on day one, earlier than finally including again over 2,700 staff by 2025, according to platform progress.
No one is aware of how, precisely, Musk plans to stimulate that progress, and I’m not satisfied Elon does both, however his perspective, at current, appears to be that Twitter is bloated, expensive and underachieving.
Musk truly summarized such himself, when he was questioned concerning the Twitter deal in Tesla’s third quarter earnings name earlier within the week:
“I feel it’s [a massive asset] that’s kind of languished for a very long time, however has an unimaginable potential.”
Musk additionally famous that he and his fellow buyers are ‘clearly overpaying’ for the app. Besides, he’s excited for what comes subsequent:
“The long-term potential for Twitter, in my opinion, is an order of magnitude larger than its present worth.”
That certain feels like somebody who’s able to pay up and take over on the app – although the deal is nonetheless not technically finalized on the time of writing.
Both manner, vital considerations nonetheless linger round Musk’s grand Twitter plan – particularly when he’s tweeting out memes like this:
Musk later deleted the tweet – and naturally, as varied individuals who’ve handled Musk have famous, his Twitter persona and precise real-life strategy are very completely different. However nonetheless.
He additionally posted, then deleted, this:
Kanye – or ‘Ye’ as he now prefers – moved to amass free speech social community Parler this week, and the truth that Elon’s even joking about merging these apps appears to not be an excellent signal for Twitter’s future, particularly if he’s going to, you recognize, eliminate all of the workers that may theoretically deal with the moderation considerations which might be more likely to emerge because of any associated shift in strategy.
Actually, it’s not doable to separate reality from fiction within the Elon Musk/Twitter stakes, as a result of we have now no manner of understanding what Musk’s plans are for the app, exterior of the imprecise notes and pointers that he’s supplied alongside the best way.
Although once more, this appears more likely to be essentially the most vital level of competition, and does seem to align with Musk’s precise strategy.
By “free speech”, I merely imply that which matches the legislation.
I’m towards censorship that goes far past the legislation.
If individuals need much less free speech, they’ll ask authorities to cross legal guidelines to that impact.
Subsequently, going past the legislation is opposite to the desire of the individuals.
— Elon Musk (@elonmusk) April 26, 2022
We’ll have to attend and see, however reducing 75% of workers, whereas concurrently opening up the ‘free speech’ gates? That would see issues get very messy, very quick within the Twitter-sphere.
On one other entrance, Musk has reassured ‘3-time bee sting survivor’ Dave Portnoy that he does certainly intend to deal with the platform’s bot points.
I’ve a plan
— Elon Musk (@elonmusk) October 18, 2022
He additionally shared this random thought, apropos of nothing:
I cannot allow you to down, it doesn’t matter what it takes
— Elon Musk (@elonmusk) October 19, 2022
That’s not a part of an extended thread, or a reply that I’ve chosen to not embed. It was only a single tweet, a observe to the world, possibly.
So, what comes subsequent for Twitter?
Nicely, it looks like workers cuts are inevitable, and the impacts of that will probably be not possible to foretell – although I don’t assume that Musk is aware of for certain what the precise variety of cuts he’s going to make will probably be as but.
Possibly the suggestion of 75% cuts is a method to offer those that are already contemplating leaving the corporate a bit push, so as to keep away from future payouts – or possibly Elon is certainly going to go department-by-department on the primary day, laying individuals off as he goes.
And I feel that is it for the Musk/Twitter replace this week. Oh, additionally, Musk’s Twitter buy might be beneath Nationwide Safety assessment, which might nonetheless derail the entire thing. Yeah, that too.
The chaos rolls on.