Elon Musk addresses mass Twitter layoffs


What you should know

  • Twitter laid off a big portion of its workforce on Friday.
  • Elon Musk attributes the transfer to Twitter’s loss in income as advertisers press pause on the corporate.
  • Twitter’s most up-to-date quarter confirmed a rise in customers however a lower in income.
  • The corporate is presently dealing with litigation for not giving workers sufficient discover earlier than saying the layoffs.

Issues aren’t trying so good at Twitter, as the corporate simply completed laying off a lot of its workforce. Amid a lot of workers saying their exits from the corporate on the platform, Elon Musk has taken to Twitter to shed some mild on the choice.

Musk wrote in a tweet that he had no selection as the corporate is outwardly dropping greater than $4 million per day.

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