Write For Us

Elon Musk defends Twitter layoffs - BBC News

Sponsored Post Vitamin D2 Canada Persia
46 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Elon Musk said he had ‘no choice’ but to slash staff numbers at Twitter, because the company is losing more than $4m (£3.5m) a day.

Half of the social media site’s staff are being let go, a week after the Tesla boss bought the company.

An internal email sent on Friday said the mass job cuts were "unfortunately necessary to ensure the company's success moving forward".

Mr Musk has been looking for ways to cut costs and make more money on the platform, such as proposing verified users pay $8 (£7) per month to keep their blue tick.

Please subscribe HERE http://bit.ly/1rbfUog

#BBCNews
Category
World
Tags
bbc, bbc news, news
Sign in or sign up to post comments.
Be the first to comment