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Elon Musk plans to cut 75% of Twitter staff if he takes over company - report The news comes at a difficult time for the company, which had announced hiring freezes and has seen low employee morale Elon Musk told prospective investors that he plans to eliminate nearly 75% of Twitter's staff as part of his deal to take over the social media company, the Washington Post reported on Thursday. Job cuts are expected in the coming months no matter who owns the company, according to the report, which cited interviews and documents.
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