Elon Musk stated he had ‘no selection’ however to slash employees numbers at Twitter, as a result of the corporate is shedding greater than $4m (£3.5m) a day.
Half of the social media website’s employees are being let go, every week after the Tesla boss purchased the corporate.
An inside e mail despatched on Friday stated the mass job cuts had been “sadly obligatory to make sure the corporate’s success transferring ahead”.
Mr Musk has been searching for methods to chop prices and earn more money on the platform, similar to proposing verified customers pay $8 (£7) monthly to maintain their blue tick.
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