Entrepreneur Elon Musk, who has agreed with the company to acquire Twitter, a major American social media company, attended a rally of Twitter employees for the first time and temporarily dismissed employees after the acquisition to improve profits. Suggested an idea to do.
Elon Musk, CEO of American electric car maker Tesla and the world's richest man, has agreed with the company to buy Twitter during the day, but employees are worried. It is increasing.
Under these circumstances, Mr. Musk attended the Twitter employee rally for the first time online on the 16th, answering questions from 8,000 employees for about an hour.
In response to the question of the possibility of layoffs of employees after the acquisition, Mr. Musk said, "In some cases, the company needs to be healthy."
He pointed out that "costs now outweigh profits," and suggested the possibility of layoffs, saying that the company could not grow without streamlining personnel.
Twitter's business performance has been sluggish, with last year's financial results being in the final deficit for the second consecutive year due to increased costs such as personnel expenses.
Employees also asked questions about handling harmful posts and whether to allow telecommuting.
The company says the acquisition will take place as planned, but one focus is on getting employee support for Musk's management policy.