Connect with us

Entertainment

musk twitter biden checks job cuts

Published

on

Elon Musk and the endless Twitter saga. The mogul reportedly told potential investors that if he eventually bought the company, he would cut nearly three-quarters of the 7,500 social network employees he tweets. But the Biden administration has focused its attention on this: checks will come.

The richest man in the world would therefore be preparing for massive layoffs once Twitter takes over. The Washington Post reports. According to the American newspaper, these are “much deeper cuts than those proposed by the current management of the company”. And while clouds are gathering over the tweeting social network’s future, in terms of job cuts, the Biden administration is not sitting idly by.

Elon Musk and Joe Biden

The White House, according to the Bloomberg news agency, is considering subjecting some of Elon Musk’s companies to a national security review. Starting with the Starlink satellite network, but including Twitter, if Tesla’s founder buys the company. According to Bloomberg, the US administration is concerned about Musk’s recent threat to shut down Starlink satellite services in Ukraine. As well as tweets from the tycoon about the peace plans he feels must urgently pursue against Putin by making definitive substantial concessions to Russia, for example Crimea.

Twitter, “75% of employees have left”

The news comes after The Washington Post revealed that Twitter’s workforce would be significantly reduced in the coming months. Sources cited by the newspaper say Musk allegedly told eligible investors that the deal to take over the tweeting company calls for the removal of 75% of Twitter’s 7,500 workers. However, hefty cuts are also expected in the event that Musk does not complete the acquisition. The tycoon faces a lawsuit for withdrawing the initial $44 billion takeover bid, and for breaching last spring’s terms.

Photo Ansa

Which, according to Twitter, has seriously harmed society. But in reality, even the current management of Twitter, headed by CEO Parag Agrawal, who succeeded co-founder Jack Dorsey, does not hide its intention to penalize employees. At least in terms of salaries. Indeed, the social network plans to reduce the payroll of employees by about 800 million dollars. This is equivalent – reports the Washington Post – to a third of the workforce. In short, the future of Twitter remains uncertain. Certainly, however – in the event that Musk’s acquisition finally materializes – there is one thing: for the social network most beloved by the political and business elites of the West, nothing will be like before.

Jack Dorsey. Photo Ansa / Epa Hannah McKay

Continue Reading

Recent News

Alienware Aurora 2019 Alienware Aurora 2019
Tech3 hours ago

Alienware Aurora 2019 (Gaming PC For Best Buy 2023)

Are you a gaming geek who has been waiting to get your hands on the best gaming setup? Then wait...

CNC Machining CNC Machining
Tech3 hours ago

CNC Machining: An Advanced Way To Prototyping

In today’s rapid technological times, when machines have been produced to cater to all industries sweepingly, the device of CNC...

Fake ID Fake ID
Tech3 hours ago

10 Best Fake ID Websites 2024

For quite some decades now, the world of the internet has advanced with technology and cyber hacks. People from all...

Discord Alternatives Discord Alternatives
Tech3 hours ago

5 Best Alternatives Of Discord In 2023

Voice and text applications are simply phenomenal for connecting with a team of professionals or even for having fun with...

Sites Like Reddit Sites Like Reddit
Tech3 hours ago

7 Best Sites Like Reddit That Everyone Should Check Out

We know the reason you’re here. Looking for platforms similar to Reddit? We’ve got your back. Reddit is a fantastic...

APAP Login APAP Login
Tech3 hours ago

APAP Login: Everything You Need To Know

In these times when obesity and heart diseases are on the rise, many conditions retrospectively affect people’s brains and bodies....

BT Mail Login BT Mail Login
Tech3 hours ago

All You Need To Know About BT Mail Login: Benefits Of BT Mail Login

Are you having trouble with your different logins? Well, we have the solution to your problems as what you might...

Biocentrism Debunked Biocentrism Debunked
Tech3 hours ago

Biocentrism Debunked: Consciousness Driving Universe 

Are you baffled by the universe’s steady onslaught of expansion, however still curious how your life drives the universe in...

Imginn Imginn
Tech3 hours ago

Imginn: A New Way To Anonymous Instagram

Whether you are new to the world of Instagram or a regular user, we all can agree that there have...

Bathroom Remodeling Bathroom Remodeling
Home Improvement4 hours ago

5 Best Bathroom Remodeling Contractors Houston

When you give your bathroom a makeover, it will transform the look of the whole house. The bathroom remodeling project...