Elon Musk Has No plans to Layoff 75% of Twitter Staff

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Elon Musk, CEO of Tesla, stated on Thursday that he would not fire 75% of Twitter staff following the close of the $44 billion transaction.

During a speech to Twitter employees at the San Francisco office, Musk rejected prior claims that the company was considering personnel reductions.

On Friday, October 28, the Twitter acquisition agreement must be completed; else, he may face a continued trial in court.