Elon Musk told Twitter employees Wednesday that he’s not planning on laying off 75% of staff when he takes over the company, Bloomberg reports, citing “people familiar with the matter.”
The “Chief Twit” as his Twitter profile now describes, posted a video of himself walking into Twitter headquarters before the meeting holding a sink with the caption “Let that sink in!”
Musk has casually made mention of laying off staff when he takes over Twitter, a $44 billion deal that’s expected to close on Friday. However, immediately losing 75% of Twitter’s staff, or about 5,600 employees, would probably leave the social media company inoperable.
Twitter employees are still anxious about expected staff cuts as part of the takeover, according to the report.