Nov 5, 2022
Twitter: Musk defends deep cuts to company's workforce
Twitter's new owner Elon Musk has defended sacking about half the company's workforce, saying he had "No choice" as Twitter was losing more than $4m a day. Online safety groups and campaigners have suggested Mr Musk might relax moderation policies and reverse permanent Twitter bans given to controversial figures - including former president Donald Trump. As the scale of the job cuts became clear, notices provided by Twitter to officials in California revealed that around 983 staff were being laid off in that US state alone. Almost all of Twitter's revenue currently comes from advertising, and Volkswagen is among the brands that has stopped spending with it since Mr Musk bought Twitter. Twitter employees filed a class action lawsuit on Thursday which argued the company was making big job cuts without giving 60 days' notice, in violation of federal and Californian law.
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