Elon Musk on Twitter layoffs and company downsizing
TL;DR Summary
Elon Musk claimed that Twitter had a lot of people doing things that didn't seem to have a lot of value before executing mass layoffs. He said that this is probably true at most Silicon Valley companies. Musk added that other Big Tech companies can make further job cuts without impacting productivity. Twitter now has around 1,500 employees, which Musk described as "probably a reasonable number." However, Twitter plans to boost its headcount again as it heads towards being cash-flow positive.
- Musk says laid-off Twitter workers did things that had little value Business Insider
- Elon Musk says his days are 'long and complicated' splitting time between SpaceX, Tesla and Twitter CNBC
- Elon Musk opens up about significant job cuts at Twitter, says other Silicon Valley companies can do the same Fox Business
- Elon Musk Reacts to a Verified Twitter User's Clever Idea TheStreet
- Elon Musk Urges More Companies to Shrink Like Twitter The Wall Street Journal
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