The purchase of Twitter by the tycoon Elon Musk could lead to dismissal of a large part of the employees of that famous social network, in order to reduce costs in the short term.
This was revealed by different US media, when there was no a week for the South African businessman to close the deal to acquire the company, a change of 44 billion dollars.
Elon Musk says he’s ‘clearly overpaying’ for Twitter
Currently, some 7,500 people work at Twitterbut according to a report the washington post, Tesla could lay off 75 percent of the entire plant, after having pointed out that he was paying an excessive price.
However, Musk pointed out that the company has “incredible potential” and that in the future it would appreciate even more.
The twists and turns between Elon Musk and Twitter
The businessman took a long time to finalize the agreement because the The company lied about the number of bot accounts it had to inflate its weight, while the social network denounced it for making it lose market value.
Why should Twitter trust Elon Musk this time?
The trial was to begin this Monday, although it was postponed since the tycoon ratified the initial offerwhich must be completed no later than the 28th of this month.
Musk has already notified investors that he planned double the company’s revenue in three years and triple the number of daily users who can see ads in the same period.
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