Twitter lay-offs begin as Elon Musk warns of ‘massive drop’ in revenues

Twitter lay-offs begin as Elon Musk warns of ‘massive drop’ in revenues

City A.M.

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Elon Musk has begun laying off thousands of Twitter workers after warning the social media company is losing more than $4m a day due to a “massive drop” in advertising revenues. The tech billionaire began pushing forwards with plans to lay off around half of Twitter’s 7,500 staff, just more than a week after completing [...]

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