The new Twitter-Owner Elon Musk (51) is apparently planning massive job cuts after the multi-billion takeover of the online service. The news agency wrote about it Bloomberg
and the “Financial Times”
on Thursday night, citing informed people, that there are around 3,700 jobs at stake – around half of the previous Twitter workforce. the Axio’s website
reported Musk wants to cut a third of the jobs or more. The dismantling should be announced on Friday.
Musk wants to ban most employees from working from home
According to the reports, Musk also wants to request the return of at least most of the remaining employees to the offices. Twitter was among the first companies to corona pandemic gave their employees the freedom to work permanently from anywhere, as far as possible. Musk had already enforced a strict presence requirement at the electric car manufacturer Tesla after the end of the corona restrictions.
According to the Washington Post, the deal could still attract the attention of a US government body that controls foreign investments. The Ministry of Finance tweeted more about the role of investors with ties to Saudi Arabia, Qatar and China asked at the takeover, wrote the paper. In particular, it is about whether they could get access to information such as user data.
Musk received money for the takeover from Saudi Prince Alwaleed bin Talal (67), a subsidiary of the Qatar investment fund and the cryptocurrency exchange Binance, which was originally founded in China. Foreign access to Americans’ data is a major concern for US authorities and has already led, among other things, to action against the popular video app Tiktok, which belongs to the Chinese group Bytedance heard.