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The 5-Minute Fix | He’s trying to dramatically trim the U.S. budget by cutting its workforce (opens a new window)
He’s [Elon Musk] using a scorched-earth strategy not unlike how he turned Twitter upside-down when he bought it, said Nicole Schneidman, a technology policy strategist with the anti-authoritarian group Protect Democracy. When Musk took over Twitter, he scrubbed the staff down to the bare minimum, and employees were even locked out of office buildings. Last week, USAID employees were similarly locked out.
“This is a playbook that Musk has run before,” Schneidman said. “It was a playbook that had dire ramifications in the context of Twitter. It lost an estimated 72 percent of its value from what Musk paid for it. Is that the fate that we are comfortable with for our federal government?”