October 01, 2026 09:13 am (IST)

Make this your homepage

Foreign

Israel-bound flight lands in Saudi Arabia as pilots fight in cockpit, stabbing triggers hijack scare mid-air | Vimal ad row: SRK, Ajay Devgn, Tiger Shroff respond to FDA notices, says Tukaram Mundhe | Vijay’s TVK expands to Bengal? Party breaks silence on Purba Bardhaman office | ‘This guy is a monster’: Trump’s hilarious praise for Sundar Pichai, Google CEO’s witty reply | Gyanesh Kumar row exposes INDIA bloc rift: DMK, AAP skip meet, Akhilesh sends representative | SIR row: Supreme Court to hear plea against CEC Gyanesh Kumar next week | Sambhal violence case: SC quashes key accused Mulla Afroz's NSA detention, slaps Rs 10 lakh cost on UP govt | Nandigram bypoll twist: Calcutta HC grants interim bail to Congress candidate Milan Pradhan till Oct 21 | Myanmar military airstrike horror: 49 killed, 58 injured as bombs hit crowded Rakhine market | Britain reopens refugee routes for Afghans, Palestinians as immigration and integration battle intensifies

Twitter Layoff

Wikipedia Commons

Unfortunately there is no choice, tweets Elon Musk as he defends layoff

India Blooms News Service | @indiablooms | Nov 05, 2022, at 03:17 pm

Tesla Inc boss Elon Musk on Saturday defended the move of removing about half of Twitter's workforce by saying that he had 'no choice' as the company was losing more than $4m a day.

Musk tweeted: "Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day."

Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day.

Everyone exited was offered 3 months of severance, which is 50% more than legally required.
— Elon Musk (@elonmusk) November 4, 2022

"Everyone exited was offered 3 months of severance, which is 50% more than legally required," he said.

Yoel Roth, Twitter's head of safety and integrity, referred to the layoff issue and tweeted: "Yesterday’s reduction in force affected approximately 15% of our Trust & Safety organization (as opposed to approximately 50% cuts company-wide), with our front-line moderation staff experiencing the least impact."

Yesterday’s reduction in force affected approximately 15% of our Trust & Safety organization (as opposed to approximately 50% cuts company-wide), with our front-line moderation staff experiencing the least impact.
— Yoel Roth (@yoyoel) November 4, 2022

Musk recently took over Twitter in a $44bn.

In an internal email, the social media company earlier said the cuts are "an effort to place Twitter on a healthy path", reports BBC.The firm added that its offices would be temporarily closed and badge access would be suspended, the British media reported.

#ElonMusk #Twitter #TwitterLayoff

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.