Elon Musk plans to lay off 75% of Twitter’s Workforce! 

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According to a new report from the Washington Post, Elon Musk plans to cut 75% of Twitter’s workforce.

The billionaire entrepreneur told prospective investors that he would make the cuts to Twitter’s 7,500 workers, far more than the social media company planned.

“A 75 percent headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal,” said Wedbush analyst Dan Ives.