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		</div><p>Elon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report.</p>
<p>Mr Musk has told prospective investors in his Twitter purchase that he plans to cut nearly 75 per cent of Twitter’s employee base of 7,500 workers, leaving the company with a skeleton crew, according to The Washington Post.</p>
<p>The newspaper cited documents and unnamed sources familiar with the deliberations.</p>
<p>San Francisco-based Twitter and a representative for Mr Musk’s lawyer Alex Spiro did not immediately respond to messages seeking comment.</p>
<p>While job cuts have been expected regardless of the sale, the magnitude of Mr Musk’s planned cuts are far more extreme than anything Twitter had planned.</p>
<p>Mr Musk himself has alluded to the need to cull some of the company’s staff in the past, but he had not given a specific number in public.</p>
<p>Wedbush analyst Dan Ives said: “A 75% headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal.</p>
<p>“That said, you can’t cut your way to growth.”</p>
<p>Mr Ives added that such a drastic reduction in Twitter’s workforce would likely set the company back by years.</p>
<p>Already, experts, non-profits and even Twitter’s own staff have warned that pulling back investments on content moderation and data security could hurt Twitter and its users.</p>
<p>With as drastic a reduction as Mr Musk may be planning, the platform could quickly become overrun with harmful content and spam – the latter of which the Tesla chief executive himself has said he will address if he becomes owner of the company.</p>
<p>After his initial $44 billion (€44 billion) bid in April to buy Twitter, Mr Musk backed out of the deal, contending that Twitter misrepresented the number of fake “spam bot” accounts on its platform.</p>
<p>Twitter sued, and a Delaware judge has given both sides until October 28th to work out details.</p>
<p>Otherwise, there will be a trial in November.</p>
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