Media Tip Sheet: Elon Musk Acquires Twitter, Layoffs to Come


October 28, 2022

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Elon Musk’s acquisition on Twitter is officially complete, with the $44 billion deal closing late Thursday. Musk has already reportedly fired the social media company’s top executives and has told potential investors and partners he plans to lay off nearly 75 percent of its workforce. 

GW Professor James Bailey

If you would like more context on this matter, please consider James R. Bailey, a professor of leadership development at the George Washington University School of Business. His areas of expertise include effective leadership, organizational change and managerial decision making, as well as employee motivation and business ethics.

The International Council for Executive Leadership Development has previously named Bailey one of the world’s top ten executive educators. He has designed and delivered hundreds of executive programs for firms like Nestle, UBS, Conoco-Phillips, and Goldman Sachs, as well as several major law firms and the U.S. Congress.

If you would like to speak with Professor Bailey, please contact GW Media Relations Specialist Cate Douglass at [email protected].

-GW-