Elon Musk plans to fire 1000 Twitter employees only to hire more employees to replace them
3 min read
(Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue)
The drastic modifications have elicited a mixed reaction from Twitter users. Some see them as a purge, while others regard them as a setback to free expression. The Tesla executive who alarmed countries when he purchased Twitter is returning with another significant announcement. After finalising his purchase of Twitter, Elon Musk plans to terminate around 1,000 staff. Elon Musk is likely to terminate a big percentage of the company’s present employees following the transfer of ownership, which is estimated to take six months. People are naturally dissatisfied.
But here’s something to think about: Elon Musk also wants to hire thousands of additional employees over the next three years, increasing the total number of employees to over 11,000, up from the current 7,500. Furthermore, engineering is expected to attract a sizable share of the new talent. The company’s headcount appears to be fluctuating, growing to 9,225 this year before declining to 8,332 in 2023. Another 2,700 jobs will be hired by 2025.
Elon Musk’s long-term plans
According to the New York Times, Elon Musk delivered a pitch deck to investors this week, indicating that the majority of job cutbacks will come during the takeover stage. On a corporate level, Elon Musk has previously urged that the San Francisco headquarters be shuttered to save money, and that board members not be paid, saving an additional $3 million. The changes are part of Elon Musk’s plan to increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year.
What are the reactions of the people?
People on Twitter expressed their genuine feelings after hearing that 1000 employees will be laid off. “I see Elon Musk is intending to fire 1,000 Twitter employees,” one individual said. It’s really a shame…to lose all those lefties all at once.” “The only individuals who will genuinely leave Twitter are the staff Elon Musk fires for restricting free expression,” commented another. “One Twitter employee claimed they “truly don’t want to work for a firm run by @ElonMusk,” according to another. There is good news. He’s going to fire almost 75% of you.”
One Twitter employee said they "really don't want to work for a company owned by @ElonMusk." Good news. He is gonna fire around 75 percent of you.
— Carmine Sabia (@CarmineSabia) April 26, 2022
The only people who are actually going to leave Twitter are the employees Elon Musk fires for censoring free speech.
— Matthew Kolken (@mkolken) April 14, 2022
I see that Elon Musk is planning on firing one thousand twitter employees. Such a shame…to lose all those lefties at once.
— Aufee (Briefly known as Chestnut Man) (@ChestnutMan4U) May 7, 2022
Shraddha
I am a second-year journalism student from the school of Mass Communication at KIIT Deemed University, Bhubaneswar. Since I'm pursuing journalism, writing and getting published is my dream job. Due to the fact that my subject's studies are based entirely on my research work and sources, I am able to write informative articles. New writers are worried that the story has been told already, well, it has been, but not by you.
