ELON Musk said Twitter had “four months to live” when he bought the platform and insisted it needed to cut costs to save it from bankruptcy.
The billionaire owner confirmed that about 80% of its staff have been axed since he took over at the helm.
In a wide-ranging interview with the BBC at Twitter’s HQ in San Francisco, Mr Musk said the social media platform was “spending money like it’s out of fashion” before he stepped in.
Asked whether his approach to sacking staff was “haphazard and uncaring”, Mr Musk replied: “I wouldn’t say it was uncaring.
“The issue is, the company is going to go bankrupt if we do not cut costs immediately.
This story is from the April 13, 2023 edition of Irish Daily Mirror.
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This story is from the April 13, 2023 edition of Irish Daily Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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