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Twitter Loses $4m Due To Large Workforce; Elon Musk Defends Mass Layoffs

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Elon Musk has defended laying off around half of Twitter’s workforce just one week after taking over the business.

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The world’s richest man says he had “no choice” after 50% of Twitter employees were fired on Friday, Nov. 4.

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In a Tweet posted on Nov. 5, Musk said “regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day.”

 

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Musk maintained that “Twitter’s strong commitment to content moderation remains absolutely unchanged.”

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Written by How Africa News

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