Jun 17, 2022
Elon Musk hints at layoffs in first meeting with Twitter employees
Multi-billionaire Elon Musk has in a meeting with Twitter employees hinted at potential job cuts if his $44bn takeover bid for the social media company is successful. On a wide-ranging video call with Twitter employees on Thursday, Mr Musk said hat layoffs at Twitter would depend on the company's financial situation. Mr Musk, who is the boss of electric vehicle maker Tesla and rocket company SpaceX, also discussed the possibility of life beyond earth although he said he has not seen "Actual evidence for aliens". Separately, a group of employees at SpaceX - where Mr Musk is chief executive - called Mr Musk a "Frequent source of distraction and embarrassment" in an internal letter to the company's executives on Thursday. The complaint filed by in New York alleges that Mr Musk "Used his pedestal as World's Richest man to operate and manipulate the Dogecoin Pyramid Scheme for profit, exposure and amusement".
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