Elon Musk Doesn’t Rule Out Twitter Layoffs in Town Hall With Employees
Todd Spangler NY Digital EditorAmid 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 did not explicitly say one way or the other, but he said, that the company “needs to get healthy” and 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.