Musk defends Twitter’s layoffs, saying the company is losing $4 million daily and there was “no choice”
Elon Musk, the new owner of Twitter, has asserted that a major round of layoffs at the microblogging platform were required due to the millions of dollars the company was losing daily. He clarified that all those losing their jobs were given three months of severance pay, “which is 50% more than legally required,” in …