Twitter layoffs coming ?

[pandemkodi]

JUST IN: Elon Musk has reportedly told prospective investors in his deal to buy the company that he planned to get rid of nearly 75% of Twitter’s, $TWTR, 7,500 workers, per Washington Post.

[bhaigan]

Elon Musk plans deep layoffs of 75% at Twitter: report

https://www.marketwatch.com/story/elon-musk-plans-deep-layoffs-of-75-at-twitter-report-2022-10-20

[bhaigan]

Elon Musk reportedly wants to lay off most of Twitter's employees

https://www.engadget.com/elon-musk-reportedly-wants-to-lay-off-most-of-twitters-employees-222504933.html

[csrcsr]

https://media.tenor.com/qda6QyL6sysAAAAd/vaadini-yevarikanna-chupinchandraa-rao-ramesh.gif

 

[Anta Assamey]

[dasari4kntr]

34 minutes ago, bhaigan said:

Elon Musk plans deep layoffs of 75% at Twitter: report

https://www.marketwatch.com/story/elon-musk-plans-deep-layoffs-of-75-at-twitter-report-2022-10-20

did he got loan to buy..?

[Spartan]

they are sating no matter who owns

cuts will happen

musk gadi timing to bear the axing

[dasari4kntr]

వీడి బ్యాడ్‌టైం స్టార్ట్ అయ్యింది…

Oct 6 (Reuters) - Elon Musk has pledged to provide $46.5 billion in equity and debt financing for his acquisition of Twitter (<TSLA.O>), which covers the $44 billion price tag and closing costs.

While Musk will provide much of the funding after selling down his stake in electric vehicle maker Tesla Inc (<TSLA.O>) and by leaning on equity financing from large investors, major banks have committed to provide $13 billion.

Below are details of participants in the Twitter deal and their financing commitments:

Joint loan arrangers	$13 billion debt financing package
Bank of America Barclays BNP Paribas Mizuho Morgan Stanley MUFG Societe Generale	$6.5 billion term loan facility $500 million revolving loan facility $3 billion secured bridge loans $3 billion unsecured bridge loans

Equity Investor	Description	Equity Commitment
A.M. Management & Consulting	-	$25 million
AH Capital Management	VC firm founded by Marc Andreessen and Ben Horowitz	$400 million
Aliya Capital Partners	SpaceX investor	$360 million
BAMCO	Investment adviser	$100 million
Binance	Cryptocurrency firm	$500 million
Brookfield	Canadian investment firm with over $690 billion assets under management	$250 million
DFJ Growth IV Partners	Tesla, SolarCity, SpaceX and The Boring Company investor	$100 million
Fidelity Management & Research Company	Acts as the investment advisor to Fidelity's family of mutual funds	$316 million
Honeycomb Asset Management	Private investment firm led by Chief Investment Officer David Fiszel	$5 million
Key Wealth Advisors		$30 million
Lawrence J. Ellison Revocable Trust	Oracle co-founder Larry Ellison's trust	$1 billion
Litani Ventures	Chicago-based VC firm	$25 million
Qatar Holding	Investment house founded by Qatar Investment Authority	$375 million
Sequoia Capital Fund	Invested in The Boring Company	$800 million
Strauss Capital LLC	-	$150 million
Tresser Blvd 402 LLC (Cartenna)	-	$8.5 million
VyCapital	Invested in The Boring Company	$700 million
Witkoff Capital	New York-based real estate tycoon Steven Witkoff's firm	$100 million
Saudi Arabian investor Prince Alwaleed bin Talal	Twitter investor	$1.89 billion (34,948,975 shares)

[summer27]

Saudi Arabian investor Prince Alwaleed bin Talal

Twitter investor

$1.89 billion (34,948,975 shares)

 

Inka pandagee..

[901830934FIVE]

On 10/20/2022 at 5:50 PM, pandemkodi said:

JUST IN: Elon Musk has reportedly told prospective investors in his deal to buy the company that he planned to get rid of nearly 75% of Twitter’s, $TWTR, 7,500 workers, per Washington Post.

Ok

[The_Captain]

21 minutes ago, 901830934FIVE said:

Ok

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