Elon Musk plans Twitter layoffs with new team

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SAN FRANCISCO – Billionaire Elon Musk’s team was in a circle with Twitter’s remaining executives over the weekend, holding a detailed discussion about the site’s approach to content curation, and plans to lay off 25 percent of employees to begin with.

Alex Spiro, a well-known attorney who has represented Musk for years, led the discussions. Spiro is active in managing multiple groups on Twitter, including law, government relations, policy and marketing, according to four people familiar with the conversation who spoke on condition of anonymity to describe them, as well as tweets from some people. those involved.

Musk’s longtime partners David Sacks and Jason Calacanis appeared in company filings over the weekend, according to photos obtained by The Washington Post. Both have official email addresses and are named “employee software engines.” Musk’s name on the registry is CEO, although the position has not been officially announced. He calls himself “Chief Twit.”

On October 27, Elon Musk finally bought Twitter and took control of the social media company, firing several key executives. (Video: Jonathan Baran/The Washington Post)

Meanwhile, the union is deciding what is expected to be the first round of layoffs, which will affect about a quarter of the total workforce of more than 7,000. , as one of the people said. The suspension will affect almost all sectors, and it is expected that it will affect sales, products, engineering, law, and trust and security in the coming days, the person said. After engineers, some of Twitter’s highest-paid employees work in marketing, with many earning more than $300,000, according to The Post.

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Elon Musk acquired Twitter and fired the company’s CEO

Twitter, Musk, Spiro, Sacks and Calacanis did not respond to requests for comment.

Billionaire owner Tesla bought Twitter for $44 billion last week after months of intense negotiations and legal disputes. Musk first pitched for the company in the spring, then tried to backtrack months later. Twitter sued him to force him to complete the deal, and finally the businessman agreed and offered to buy the company for the original price.

Musk has turned to several longtime partners as he begins to improve his Twitter account.

Sacks, a consistent firebrand and philanthropist, has worked with Musk since their days running PayPal together two decades ago. Sacks has voiced strong opinions about online moderation and criticized restrictions from Big Tech.

Calacanis is also a longtime friend of Musk who frequently texted him to advise on the deal, including about job cuts, court records show.

The comment plan will harm Twitter users

Calacanis tweeted that Saturday is “Zero Day” next to a photo of a Twitter coffee shop, adding that he has discussed security issues, as well as bots and trolls, with Yoel Roth, Twitter’s director of content management. Roth then elaborated on those predictions.

On Sunday, Musk posted an apparent action message from Roth about Twitter’s metrics, arguing that they showed Twitter boards and prosecutors “deliberately withheld … evidence from the court.” The tweet showed Musk using his newfound access to insider information to address multiple issues.

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The new administration is asking questions about every aspect of the business, including details of content processing, spam and the risks of the upcoming election, the people said.

Another Musk colleague who tweeted about his involvement, Sriram Krishnan, a cryptocurrency-focused partner at venture capital firm Andreessen Horowitz, also tweeted that he was helping with the deal. The company invested $400 million.

Less than three days into Musk’s tenure, Twitter users were in the dark about any new plans for the company until Sunday evening, according to several employees contacted by The Post, who spoke on condition of anonymity to protect their work. The company has not released an official announcement of the acquisition. The communications department has gone silent. Rumors have swirled about the layoff, with some announcements coming out slowly.

Twitter’s dismissal is imminent

The outage is expected to begin before November 1, when Twitter users will receive additional compensation related to the stock bonus. On Sunday Musk tweeted that reports of impending layoffs on Twitter next week were “false.”

Last year, Musk told prospects of the deal that he planned to cut nearly 75 percent of Twitter’s total workforce, which would leave the company with about 2,000 employees. , according to interviews and documents obtained by The Post. Musk last week told employees when he visited Twitter headquarters that he did not plan to cut three-quarters of the workforce.

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Another person familiar with the deal who spoke on condition of anonymity to discuss sensitive matters last week said the number of layoffs could be closer to 50 percent.

Already, Musk has fired four company executives, sent Tesla engineers to review Twitter’s software code, and tweeted that he plans to create a council of experts in charge of content management.

Meanwhile, explaining the difficulties of his new job, Musk tweeted content from a site known to publish misinformation this weekend.

On Saturday, Hillary Clinton, former first lady and 2016 Democratic presidential nominee, sent a tweet is criticizing the GOP for spreading “hateful and delusional ideas” that he says are forcing the man who attacked House Speaker Nancy Pelosi’s husband, Paul, in the couple’s San Francisco home early Friday.

Musk wrote, in response to a tweet, that “There is a small chance that there may be more to this story than meets the eye,” sharing a link to an article in the Santa Monica Observer, a site that fact-checkers described as a less reliable source supports a large amount of food. The article alleges, without evidence, that Paul Pelosi is drunk and fighting with an adulterous man, referring to the conspiracy theory that has previously spread on the right. Other right-wing activists with whom Musk interacted online also reinforced the conspiracy narrative.

The behavior of Musk, who removed the tweet, shows that Twitter has a complicated path ahead, especially in navigating Musk’s public behavior and using what he says in private.

Rachel Lerman contributed to this story.



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