Elon Musk Plans to Cut Twitter's Workforce By 75%: Washington Post

The transcript discusses the potential for significant layoffs at Twitter following Elon Musk's acquisition. It highlights the possibility of reducing staff by up to 75%, though this figure might be exaggerated. The conversation also touches on the typical process of acquisition, which often involves restructuring and reprioritizing company goals. The acquisition process is nearing completion, with both parties agreeing on the deal's price, and the final steps are underway.

What does the speaker suggest might happen after the layoffs at Twitter?

What is the current status of the acquisition process of Twitter as mentioned in the text?