Elon Musk has warned Twitter staff they face 'extreme' workloads when he takes over - but insists he'll still graft even harder than them to make the firm a success.
The tycoon replied to an earlier tweet he shared about his plans for the social media network Saturday, and wrote: 'Also, work ethic expectations would be extreme, but much less than I demand of myself.'
His original tweet had outlined Musk's tech-focused approach to running the firm, and said: 'If Twitter acquisition completes, company will be super focused on hardcore software engineering, design, infosec & server hardware.'
Musk's latest revelation is likely to prompt further wailing and gnashing of teeth among staff at the famously-progressive San Francisco-based company.
They've spent recent weeks moaning about Musk's $44 billion purchase of their employer, with many claiming that the entrepreneur's hardcore defense of free speech is 'harmful.'
Elon Musk shared this tweet Saturday warning Twitter staff he'd impose an extreme workload on them
Musk was replying to one of his own tweets posted Friday, in which he said he'd focus on the technical side of Twitter to drive profitability
The deal is likely to be completed within the next six months, and has sparked widespread speculation Musk is planning a cull of 1,000 existing Twitter staff to boost profits.
Within the next three years, Musk anticipates making thousands of new hires, swelling the ranks to around 11,000 employees, up from 7,500 currently.
Much of the new talent is likely to be in the field of engineering.
Numbers at the company would fluctuate rising to 9,225 employees this year before falling to 8,332 in 2023. Then adding a further 2,700 workers by 2025.
Most of the jobs being shelved would occur during the takeover period, according to a pitch deck Musk presented this week to investors and seen by the New York Times
Up to 1,000 Twitter staffers are set to be laid off from the firm, whose San Francisco HQ is pictured, when Musk takes over in the next six months
The changes Musk will make are part of his plan to increase Twitter 's annual revenue by five times current levels to $26.4 billion by 2028, up from $5 billion last year
Advertising on the platform is set to fall to 45% of total revenue by 2028 under Musk, down from about 90% in 2020
On a company level, Musk has previously floated the idea of closing down the San Francisco headquarters in order to save money and that board members may also not receive a salary, shaving off another $3 million in expenses.
He has mooted turning the vast HQ into a homeless shelter in the vagrant and crime-plagued city, although it remains unclear whether Musk was joking.
The changes Musk makes are part of his plan to increase Twitter's annual revenue by five times current levels to $26.4 billion by 2028, up from $5 billion last year.
Advertising on the platform is set to fall to 45% of total revenue under Musk, down from about 90% in 2020.
By 2028, he plans for ads to generate $12 billion in revenue in 2028, while subscriptions are expected to pull in another $10 billion, according to the report.
Musk is said to favor a subscription-based model over advertiser funding, as it would make Twitter less beholden to advertiser pressure.
He has even suggested users could pay with cryptocurrency, including joke currency Dogecoin which Musk has long had an affection for.
Other revenue would come from businesses such as data licensing.
Musk has also tweeted about potentially monetizing tweets, although he has not provided specific details.
Musk also plans to see Twitter's cash flow rise to $3.2 billion in 2025 and $9.4 billion in 2028.
Numbers at the company would fluctuate rising to 9,225 employees this year before falling to 8,332 in 2023. Then adding a further 2,700 workers by 2025.
Musk anticipates Twitter’s total number of users will grow from 217 million at the end of last year to nearly 600 million in 2025 and 931 million six years from now
Elon Musk plans to quintuple Twitter's revenue to $26.4 billion by 2028 In a pitch deck Musk claimed he would increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year
Twitter's cash flow with be increased by taking on $13 billion of debt as part of Musk's buyout of the company.
However he plans
