Elon Musk says he’s cut about 80 per cent of Twitter’s staff

Elon Musk has laid off greater than 6000 individuals at Twitter since taking on the corporate, he has instructed the BBC in a uncommon interview.
Musk was quoted as saying within the interview aired on Wednesday that the social media platform now has solely 1500 workers, down from beneath 8000 employed on the time of his acquisition. The discount equates to roughly 80 per cent of the corporate’s employees.

It’s “not fun at all” and may generally be “painful”, the billionaire CEO instructed the British broadcaster at Twitter’s head workplace in San Francisco.

Musk says he plays on remaining as Twitters CEO until he can find someone willing to replace him in the job.
Musk proudly owning Twitter is “not fun at all” and may generally be “painful”. (AP)

The world’s second richest man stated “drastic action” was wanted when he got here on board, as a result of the corporate was dealing with “a $US3 billion ($4.5 billion) negative cash flow situation”. That left Twitter with solely “four months to live”, he estimated.

“This is not a caring [or] uncaring situation. It’s like, if the whole ship sinks, then nobody’s got a job,” Musk stated.

After initially providing to take over the corporate in April 2022, he tried to get out of the deal, citing considerations over what number of bot accounts it had.

Since then, Twitter is now “roughly” breaking even and advertisers are returning to the platform, he instructed the BBC.

Musk additionally pledged to revise the label utilized to the British broadcaster from “government-funded” to “publicly-funded” after the BBC objected.

The designation was added over the weekend. The BBC had protested the transfer, saying that it “is, and always has been, independent”.
Elon Muks, Bernard Arnault, and Jeff Bezos make up the top three richest indiviuals.

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“We are funded by the British public through the licence fee,” it stated on the time.

Musk additionally weighed in on US scrutiny of TikTok, saying that whereas he was not a person of the Chinese-owned app, he was normally “against banning things”.

“I mean, it would help Twitter, I suppose, if TikTok was banned, because then people would spend more time on Twitter and less on TikTok,” he mused.

“But even though that would help Twitter, I would be generally against banning of things.”

Musk additionally cracked jokes throughout the interview, saying that he was “no longer the CEO of Twitter” and had been changed by his pet canine, a Shiba Inu named Floki.

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Source: www.9news.com.au