• Billionaire Elon Musk will reportedly gut Twitter with massive cuts when he takes over, getting rid of the overwhelming majority of the company.
• The Washington Post reported that Musk told prospective investors that he plans to get rid of “nearly 75 percent of Twitter’s 7,500 workers, whittling the company down to a skeleton staff of just over 2,000.”
• The report said that even if the Musk’s acquisition of Twitter somehow does not go through, large cuts are still expected as the current people running the company planned to get rid of roughly 25 percent of the company’s staff.

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