Elon Musk told potential investors that he plans to cut nearly 75% of Twitter employees if he buys the company. It is a question of reducing the staff from the current 7,500 people to just over 2,000 employees. Even if Musk's deal with Twitter fails, the company still expects big cuts: Twitter's current management planned to cut labor costs by $800 million by the end of the year, which would mean the departure of 25% of employees.