One analyst predicts Musk might lay off 20% of Twitter’s workforce, as the company is still not profitable every quarter, and interest rates could rise on the borrowed money he’s using to finance the deal.
https://sfist.com/2022/04/27/layoffs-may-loom-at-elon-musks-twitter-analysts-say-because-after-all-the-company-is-very-unprofitable/
Just wait until San Francisco is shut down to move to Texas or Florida. More like 99% employees be gone.
20%? it will be much higher than that given the history of silicon valley buyouts and going private. There is a ton of dead weight at a company like Twitter, I'd think no less then 25% in the first round (and there will be multiple rounds as more operational problems are discovered by the new mgmt team). The folks receiving pink slips will be shocked, they won't believe its happening to them, they are so important to the company, blah blah blah.
How about unionizing?