Elon Musk says he's cut about 80% of Twitter's staff - News Summed Up

Elon Musk says he's cut about 80% of Twitter's staff


Elon Musk has laid off more than 6,000 people at Twitter since taking over the company, he told the BBC in a rare interview late Tuesday. The reduction equates to roughly 80% of the company’s staff. It’s “not fun at all” and can sometimes be “painful,” the billionaire CEO told the British broadcaster at Twitter’s head office in San Francisco. Since then, Twitter is now “roughly” breaking even and advertisers are returning to the platform, he told the BBC. Musk also pledged to revise the label applied to the British broadcaster, from “government-funded” to “publicly-funded” after the BBC objected.


Source: CNN April 12, 2023 17:20 UTC



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