Elon Musk comes off as a jackass in Town Hall With Twitter Employees
Amid Elon Musk’s pending $44 billion takeover of Twitter — which still isn’t guaranteed — the mega-billionaire fielded questions from the social network’s staffers Thursday.
A top-of-mind question for Twitter employees: Will there be layoffs if he completes the deal? Musk said there needs to be a “rationalization of headcount,” per Reuters. The company “needs to get healthy,” he said, adding that “Anyone who is a significant contributor should have nothing to worry about,” Bloomberg reported.
He also said, “Right now costs exceed revenue. That’s not a great situation,” per a report by the Verge. Twitter reported Q1 revenue of $1.20 billion, up 16% year-over-year, and net income of $513 million.
Musk has said he wants to make Twitter adhere to principles of “free speech,” and he has accused the company of censoring conservatives. Asked Thursday during the Twitter Q&A about his thinking on the topic, Musk said users should be allowed to say “pretty outrageous things” but drew a distinction between that and giving tweets “freedom of reach,” according to a Wall Street Journal account.
https://www.msn.com/en-us/money/other/elon-musk-indicates-twitter-will-have-layoffs-in-town-hall-with-employees/ar-AAYy6hv
= new reply since forum marked as read
