Twitter sacks half of staff as Musk launches overhaul | Fin24

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Twitter sacked half of its 7 500-strong staff on Friday as new owner Elon Musk launched his major overhaul of the troubled company just a week after his blockbuster takeover. | News24_Business

An internal document seen by AFP said"roughly 50%" of employees were impacted and would be denied access to company computers and email on an immediate basis.

Ahead of the layoffs, Twitter closed access to its offices worldwide, asking employees to stay at home to await news of their fate through an email. Musk, the Tesla and SpaceX chief, is said to owe $1 billion in annual interest alone to pay for a deal he tried to wiggle out from almost as soon as he made it in April.

This appeared to refer to Musk's recent meeting with civil rights groups in which he heard concerns that Twitter would open the floodgates to hate speech a week before midterm election in the United States.

 

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_Business I would so love to see this happen in government / parlaimrnt...

_Business Glorious. Ban the Babylon Bee and reap the whirlwind.

_Business That's why he fired them.. They were part of the trouble

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