Elon Musk Suggests Layoffs May Come To Twitter In Thursday Meeting

Posted on AllSides June 17th, 2022
From The Center

In a meeting with Twitter employees Thursday, Tesla CEO and SpaceX founder Elon Musk suggested that layoffs may come once he owns the social media platform.

"It depends. The company does need to get healthy," Musk said on the matter according to CNBC. "Right now, the costs exceed revenue."

However, he clarified that there has to be a rational headcount of the staff at Twitter or else the company cannot grow. Current CEO Parag Agrawal reassured employees in an earlier meeting that the company had no layoffs planned.

Musk added in his comments on...

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