Musk made a $ 44 billion Twitter offer in April, but later regretted it and decided in July that he wanted to get rid of the deal. Twitter is suing Musk about it. The planned lawsuit has been temporarily suspended as Musk announced earlier this month that he is still willing to buy Twitter for the agreed amount.
Musk’s plans go far beyond those of Twitter’s current management. This aims to reduce the company’s staff by about $ 800 million by the end of 2023, which would mean the departure of nearly a quarter of its workforce, the Washington Post estimates. The company also expects to realize significant savings in its infrastructure. These would also include the data centers that run the website for over 200 million daily users.
