News circulating revealed that the American billionaire, Elon Musk, who is close to securing the funding needed for the Twitter purchase deal, plans to fire 1,000 employees as soon as his purchase of the social networking platform is completed.< /p>
He is believed to fire many of the company's employees after the transfer, which will take about six months, Musk himself said this week to investors.
On the other hand, Tesla's controversial boss is expected to hire thousands of new employees within the next three years, which could lead to inflation of about 11,000 employees, an increase From 7,500 currently, according to the New York Times.
The batch of these newly appointed recruits is also likely to include a lot of new engineering talent.
In addition, the company's numbers will fluctuate, reaching 9,225 employees this year, before dropping to 8,332 in 2023. Then, adding another 2,700 workers by 2025.< /p>
Most of the jobs that are suspended will occur during the acquisition period.
Musk gave a presentation to investors outlining his grand plans for Twitter and his financial goals for 2028.
The bid ensures Twitter will generate annual revenues of $26.4 billion by 2028, compared to $5 billion last year.
Musk also predicted that the number of Twitter users would rise to 931 million users by 2028, from 217 million users at the end of last year, and to reach 600 million in 2025. .
