After months of legal wrangling, Elon Musk now has the keys to Twitter HQ. And in typical cutthroat fashion, he’s wasted no time in ripping apart the company to remould it in his own image.
As per Reuters, the billionaire is looking to cut around 3,700 Twitter staff, or about half the workforce, as he seeks to slash costs and impose a demanding new work ethic, according to internal plans reviewed by the media agency.
Of course, having completed a lengthy, costly and ultimately, reluctant takeover, the new chief has every right to make big changes to the way the social media is run. And if the company is truly in a financial black hole, job losses are regrettably inevitable. It’s harsh, but not a decision Musk is unique in making.
The bigger issue lies in his approach to such upheaval. Twitter is not the factory line at Tesla. Musk may be able to streamline his way to higher profits, but, by dismantling any form of progressive HR policy that he deems an unnecessary work perk, every other aspect of Twitter's operations will take a knock.
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