Elon Musk Plans to Drain the Twitter Swamp By Firing 1,000 Employees Following Purchase of Company

Elon Musk’s plans for Twitter are becoming clearer as it has now been reported that he is planning to fire 1,000 staffers at Twitter as soon as his purchase of the social media platform is complete.

According to the report, it’s believed he will fire many of the firm’s woke staff following the transfer of ownership which will take around six months, after which Musk is likely to wield the ax. 

Once Musk feels confident in what remains, within the next three years, Musk anticipates making thousands of new hires and swelling the ranks to around 11,000 employees, up from 7,500 currently.

Much of the new talent is likely to be in the field of engineering, it was reported as well.

Numbers at the company would fluctuate rising to 9,225 employees this year before falling to 8,332 in 2023 while adding a further 2,700 workers by 2025.

The changes Musk makes are part of his plan to increase the annual revenue by five times current levels to $26.4 billion by 2028, up from $5 billion last year.

According to a pitch deck Musk presented this week to investors and seen by the New York Times, most of the jobs being shelved would occur during the takeover period.

Musk also will likely be less concerned by the pressure that was recently put on Twitter advertisers as advertising on the platform is set to fall to 45% of total revenue by 2028 under Musk, down from about 90% in 2020.

Advertising on the platform is set to fall to 45% of total revenue under Musk, down from about 90% in 2020.

Musk tweeted today that “work ethic expectations would be extreme, but much less than I demand of myself.”

Also, work ethic expectations would be extreme, but much less than I demand of myself

— Elon Musk (@elonmusk) May 7, 2022