Elon Musk's Twitter profile on a smartphone placed on printed Twitter logos. Mr Musk is set to buy the social media platform. Reuters
Elon Musk's Twitter profile on a smartphone placed on printed Twitter logos. Mr Musk is set to buy the social media platform. Reuters
Elon Musk's Twitter profile on a smartphone placed on printed Twitter logos. Mr Musk is set to buy the social media platform. Reuters
Elon Musk's Twitter profile on a smartphone placed on printed Twitter logos. Mr Musk is set to buy the social media platform. Reuters

Twitter tells staff there are no plans for layoffs after report says Elon Musk plans cuts


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Twitter has clarified to staff that there are no plans for companywide layoffs as it denied reports by a media outlet that billionaire Elon Musk plans to reduce the size of the workforce once he completes his acquisition of the microblogging platform.

The company's general counsel, Sean Edgett, emailed employees on Thursday to inform them that there was no plan to make any job cuts, according to a source who viewed the email.

The Washington Post reported earlier on Thursday that Mr Musk, the world's richest person, told prospective investors in his proposed deal to buy Twitter that he planned to get rid of about 75 per cent of the platform's 7,500 workers, citing interviews and documents.

The job cuts are expected in the coming months, no matter who owns the company, The Washington Post report said.

Documents show extensive plans to push out staff and cut down on infrastructure costs were already in place before Mr Musk offered to buy the company, it added.

Twitter's current management planned to pare the company's payroll by about $800 million by the end of next year, a number that would mean the departure of close to a quarter of the workforce, the report said.

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Elon Musk's 2022 — in pictures

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Twitter did not immediately respond to a request for comment.

Mr Musk had tried to walk away from the deal to buy Twitter in May, alleging that the company understated the number of bot and spam accounts on the social media platform, which started a series of lawsuits between the two parties.

Earlier this month, Mr Musk reversed course and said he would proceed with the deal on original terms.

MATCH INFO

Schalke 0

Werder Bremen 1 (Bittencourt 32')

Man of the match Leonardo Bittencourt (Werder Bremen)

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

THREE POSSIBLE REPLACEMENTS

Khalfan Mubarak
The Al Jazira playmaker has for some time been tipped for stardom within UAE football, with Quique Sanchez Flores, his former manager at Al Ahli, once labelling him a “genius”. He was only 17. Now 23, Mubarak has developed into a crafty supplier of chances, evidenced by his seven assists in six league matches this season. Still to display his class at international level, though.

Rayan Yaslam
The Al Ain attacking midfielder has become a regular starter for his club in the past 15 months. Yaslam, 23, is a tidy and intelligent player, technically proficient with an eye for opening up defences. Developed while alongside Abdulrahman in the Al Ain first-team and has progressed well since manager Zoran Mamic’s arrival. However, made his UAE debut only last December.

Ismail Matar
The Al Wahda forward is revered by teammates and a key contributor to the squad. At 35, his best days are behind him, but Matar is incredibly experienced and an example to his colleagues. His ability to cope with tournament football is a concern, though, despite Matar beginning the season well. Not a like-for-like replacement, although the system could be adjusted to suit.

Updated: October 21, 2022, 5:32 AM`