by Washington postreportTesla CEO Elon Musk, who is preparing to buy Twitter, told potential investors in the deal that he plans tocut offNearly 75% of the employees of this social media company. Even if the deal falls through, massive layoffs are expected, as Twitter’s current management plans to slash the company’s salaries by about $800 million by the end of next year, a figure that would reduce its workforce by about a quarter.
