Elon Musk To Fire 25% Of Twitter Staff… And Apparently He Has Already Fired The Board Of Director

Well, Elon Musk said that he would fire 75% of the staff at Twitter. Then he backed away from that. Presumably because he’s starting with 25% of the staff according to The Washington Post:

Members of billionaire Elon Musk’s inner circle huddled with Twitter’s remaining senior executives throughout the weekend, conducting detailed discussions regarding the site’s approach to content moderation, as well as plans to lay off 25 percent of the workforce to start.

Alex Spiro, a well-known celebrity lawyer who has represented Musk for several years, led those conversations. Spiro is taking an active role in managing several teams at Twitter, including legal, government relations, policy and marketing, according to four people familiar with the discussions who spoke on the condition of anonymity to describe them, as well as tweets from some of the people involved.

Longtime Musk associates David Sacks and Jason Calacanis appeared in a company directory over the weekend, according to photos obtained by The Washington Post. Both had official company emails and their titles were “staff software engineer.” Musk’s title in the directory was CEO, although that position has not been publicly announced. He refers to himself as “Chief Twit.”

A document filed with financial regulators Monday showed Twitter’s board had been dismissed, another step leaving the company in Musk’s sole control.

Meanwhile, the team was deciding on what is expected to be a first round of layoffs, which will target roughly a quarter of the staff totaling more than 7,000, according to one of the people. Layoffs will touch almost all departments, and are expected to specifically impact sales, product, engineering, legal, and trust and safety in the coming days, the person said. After engineers, some of Twitter’s highest paid employees work in sales, where several earn more than $300,000, according to documents viewed by The Post.

Of course, we’ll have to see if this actually happens as Musk isn’t known for acting in a rational manner. But it would not surprise me to see pink slips being handed out. Another data point that tells me that I should be making plans to exit Twitter.

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