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, according to people familiar with the matter.

Tesla CEO Elon Musk Testifies In SolarCity Trial

Elon Musk, chief executive officer of Tesla Inc., departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Musk was cool but combative as he testified in a Delaware courtroom that Tesla Inc.'s more than $2 billion acquisition of SolarCity in 2016 wasn't a bailout of the struggling solar provider.

By Bloomberg

27 Oct 2022

Musk, whose $44-billion deal for Twitter is on track to close Friday, denied the previously reported number in an address to employees at the company’s San Francisco office, said the people, who declined to be named because the information isn’t public.

The billionaire is still expected to cut staff as part of the takeover, causing anxiety among workers. 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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