Elon Musk Rescinds Plans To Cut 75% of Twitter Staff

Bloomberg reports that Elon Musk told Twitter Inc. employees on Wednesday that he doesn’t plan to cut 75% of the staff when he takes over the company.

Musk denied the previously reported number in an address to employees at the company’s San Francisco office though he is still expected to cut staff as part of the takeover.

Earlier on Thursday, Musk posted a video clip of himself walking into the offices carrying a kitchen sink. He changed his Twitter profile description to read “Chief Twit.”


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