Elon Musk’s plans for making money with Twitter reportedly include job cuts

Illustration by Kristen Radtke / The Verge; Getty Images

As part of his pitch to raise funds to acquire Twitter, Elon Musk apparently “floated” the idea of cutting jobs at Twitter to improve its bottom line, according to a Bloomberg report. “While nothing is set in stone — and Musk himself had no access to Twitter’s non-public financials at the time — he specifically mentioned job cuts” during discussions with banks, the report says.

There are still a lot of uncertainties about what Twitter will look like under Musk’s ownership, assuming the $44 billion deal announced Monday goes through as expected. So far, the best indication of what he wants to do with the platform comes from his own words in a press release:

Free speech is the bedrock of a functioning democracy, and Twitter is the digital…

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Author: Jay Peters