Twitter layoffs: Musk says some of those fired, should be rehired

Updated : May 17, 2023 19:18
|
Editorji News Desk

Almost six months after laying off roughly half of Twitter's workforce, Twitter owner, and outgoing CEO Elon Musk  says that the company should ‘rehire some of the people that were let go’.

In an interview to CNBC, the Tesla CEO was heard saying that Twitter had fired so many employees as a 'desperate measure. He said, “desperate times call for desperate measures… Unfortunately, if you do it fast, there are some babies who will be thrown out."

Elon Musk took over the micro-blogging platform Twitter in October 2022, after his $44 billion deal was completed.

On 4 November, Elon Musk had fired more than 6,000 people at Twitter, reducing the headcount from 7,800 to about 1,500.

Layoffs

Recommended For You

editorji | Business

Step-by-step guide to apply for a mortgage loan online with minimal documentation

editorji | Business

Honda Activa 6G: Everything You Need to Know Before Buying

editorji | Business

How much does a ULIP plan really cost? A break-down of all charges

editorji | Business

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

editorji | Business

Reliance denies buying Iranian oil amid US sanctions waiver