by Jack Davis at The Western Journal
Twitter employees reading the tea leaves as they try to discern the future in an Elon Musk-owned company received some bad news last week.
Musk recently prepared a presentation for investors, known as a pitch deck, that outlines some of the moves he’s planning for the social media giant, according to The New York Times.
The deck includes Musk’s plans to expand the company, which in the long run will expand its workforce.
However, it makes it clear that about 10 percent of the workforce that starts 2023 will not finish the year.
Elon Musk is aiming to increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world’s richest man to investors.
https://t.co/QnuLZdisWR— Newsmax (@newsmax) May 8, 2022
Twitter has about 7,500 employees, which Musk estimates will increase to 9,225 this year before tumbling to 8,332 in 2023, which would be roughly when a new order would take hold of Twitter.
After that culling of 10 percent of the company’s workforce, hiring would then begin in a company under Musk’s control until Twitter hits 11,072 workers by 2025.
The Times reported that,…
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