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Report: Massive layoffs planned at Twitter

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Twitter’s workforce is facing massive layoffs, no matter who owns the company, The Washington Post reports.

The report cited interviews and documents showing that Elon Musk plans to cut nearly 75% of Twitter’s 7,500 staff if he buys the company.

Twitter’s current management is looking at reducing payroll by about $800 million by the end of next year, according to the report. That would equate to nearly a quarter of the workforce.

Read more from The Washington Post.

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