December 09, 2025 05:00 pm (IST)

Make this your homepage

Foreign

Centre finally aligns IndiGo flights with airline's operating ability, cuts its winter schedule by 5% | Odisha's Malkangiri in flames: Tribals rampage Bangladeshi settlers village after beheading horror! | Race against time! Indian Navy sends four more warships to Cyclone Ditwah-hit Sri Lanka | $2 billion mega deal! HD Hyundai to build shipyard in Tamil Nadu — a game changer for India | After 8 years of legal drama, Malayalam actor Dileep acquitted in 2017 rape case — what really happened? | Centre imposes temporary fare caps as ticket prices defy gravity amid IndiGo meltdown | 'Action is coming': Aviation Minister blames IndiGo for countrywide air travel chaos | In front of Putin, PM Modi makes bold statement on Russia-Ukraine war: ‘India is not neutral, we side with peace!’ | Rupee weakens following RBI repo rate cut | RBI slashes repo rate by 25 basis points — big relief coming for borrowers!

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

#ElonMusk #Twitter #TwitterLayoff

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.

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.