Twitter sees mass layoffs following Elon Musk takeover

Layoffs began at Twitter just days after Elon Musk took control of the social media giant. Hope King, a business reporter for Axios, spoke to CBS News about the latest developments.

#news #twitter #elonmusk

[markcarr]

Looks like he's getting rid of the workers that kept the Bot accounts up and running for years.

[MsLavishing]

How is this different from what other tech companies are doing as we speak. Meta is laying off significant numbers of people.

[lorijb]

This happens when companies are taken over, nothing new.

[Paul_]

This is not just Twitter. The technology market is shrinking.

[kirkangel]

he has a totally different vision for how he sees Twitter. hopefully these folks land on their feet. when companies change hands, a turnover occurs this is nothing new

[MDavis.A]

These employees have no access to the news.. he bought the company..

[Dave-sqxz]

I never had a Twitter or Facebook account.

[jellyperales]

trying to slide trumpian in there was pretty shady. Elon is cleaning house because he didn't like they way it was ran. New owner, new employees makes perfect sense to me.

[berryblack]

I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?<<>>

[AhuraMzd]

DID THEY GOT 3 MONTH SEVERANCE PAY ? JUST TAKE IT AND MOVE ON,

[goodvibes]

Its his company. Let him do what he wants.
If the layoffs won't affect the company's functioning then it's on Elon
Why are others' having a problem

[allenlenz]

If a man wanted to buy a ship and he found a pirate ship that would serve his purposes as a ship why wouldn't he fire all the pirates

[youtubesucks]

Elon is giving them 3 months severance. That's 50% more than required by law

[DianaSmiles]

A little old, yet, I enjoyed the comments. Social Media keeps me entertained better than Netflix. ☺️ Hope everyone has a lovely day.

[MightyMouse]

Fired employees should form company and beat twitter.

[redbutterfly]

u dont need much people employed if twitter dont have much of a restrictions and no need for moderators to monitor tweets

[bujar]

If they company is losing money and ppl who work there aren’t working why he should keep them

[bruced]

Elon: Modern day ‘corporate raider’. Hope he gets his just reward.

[tvdinner]

It will devolve into 4CHAN 2.0 very soon.

[audreyteng]

Best thing that happened for America. Silicon Valley was getting stupid.