San Francisco, California - Elon Musk plans to cut nearly 75% of jobs at social network platform Twitter if he takes over the company, the Washington Post reported on Thursday.

Musk plans to shrink the number of workers at the company from 7,500 to about 2,000, the Washington Post said.

Twitter was already planning significant cuts, with 25% of staff to be axed by the end of 2023 and the closure of key data centers, the Post reported.

However, the newspaper said Musk's plans would impact the experience for Twitter users, with an increased risk of hacks and exposure to offensive material.

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Musk initially proposed to buy the company in April before backing out of the takeover, saying Twitter had made false claims about the number of fake accounts on the platform.

Twitter took Musk to court in response to force him to go through with the deal. A five-day trial was scheduled in Delaware earlier this month, but Musk then confirmed his original offer.

The billionaire and the social media platform are still arguing about important details that need to be clarified to get the deal done, and uncertainty remains over the transaction.

To avoid the trial, Musk must complete the $44-billion deal by October 28.