Elon Musk’s plans for making money with Twitter reportedly include job cuts

Illustration by Kristen Radtke / The Verge; Getty Images

As part of his pitch to raise funds to acquire Twitter, Musk floated the idea of cutting jobs to improve its bottom line, according to a report. The Washington Post reported that Musk talked to bankers about makingefficiencies at the company, which could include job cuts.

Assuming the deal goes through, there are still a lot of uncertainties about what will happen with the company. The best indication of what he wants to do with the platform comes from his own words.

Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.

There are potential job cuts that have not been discussed. A request for comment was not immediately responded to.

One area where Musk may make cuts is the company's policy department. Musk dissolved the PR department atTesla, so perhaps the communications groups could be under scrutiny as well.

To bankers, Musk may have talked about ways to improve the bottom line, but he doesn't want to do it for money. I don't care about economics at all.

The Washington Post added corroboration.