Elon Musk didn’t have time to go to Twitter as he brought some changes in the company’s life. First, under the leadership of Ilona, Twitter unblocked Kanye West’s account (although the rapper spoke very “boldly” on his page, but by the way, he still apologized for his words). And on the eve it became known that the company laid off almost half of the employees. In addition to Elon, this information was also confirmed by Yoel Roth, head of the company’s security department.
Elon Musk announced the company’s position. “Unfortunately, the company has no choice as it is losing more than $4 million a day,” Musk tweeted, noting that every layoff is offered a three-month severance package, 50% more than required by law.
Recall that in April, Elon Musk made a deal with Twitter to buy the social network. However, in July, the billionaire announced that he was withdrawing from the deal. One of the reasons was that Twitter representatives did not disclose about fake accounts and spambots. But now all disputes are over.
Source: People Talk
Richard Stock is an author at “The Fashion Vibes”. He is a lifestyle expert who provides readers with the latest news and trends in the world of fashion, beauty, food, and travel. With a sharp eye for detail and a passion for writing, Richard offers unique insights and perspectives on the topics he covers.
