https://sputnikglobe.com/20221031/musk-denies-reports-about-him-planning-to-fire-twitter-staff-to-avoid-payouts-1102857243.html
Musk Denies Reports About Him Planning to Fire Twitter Staff to Avoid Payouts
Musk Denies Reports About Him Planning to Fire Twitter Staff to Avoid Payouts
Sputnik International
WASHINGTON (Sputnik) - On Friday, US media reported that Twitter had already started laying off employees, with outlets claiming that that Musk intended to... 31.10.2022, Sputnik International
2022-10-31T05:00+0000
2022-10-31T05:00+0000
2023-04-14T12:57+0000
science & tech
elon musk
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SpaceX and Tesla founder, billionaire entrepreneur Elon Musk, has denied US media reports about laying off Twitter employees early to avoid having to make payouts.On Thursday, Musk closed the $44 billion deal to acquire Twitter, negotiations for which began in April. On Sunday, US media reported that Musk was going to start laying off Twitter workers before November 1, the date employees were supposed to receive stock grants as part of their pay deals.After completing the acquisition of Twitter, which was delayed due to concerns by Musk about the number of fake accounts on the platform, the billionaire said that there would be no changes to Twitter's content moderation policies as of yet. According to reports, Musk does plan to liberalize the social network's editorial policy, which has been widely criticized for heavy content censoring.
https://sputnikglobe.com/20221030/elon-musk-to-reportedly-begin-axing-twitter-staff-starting-saturday-1102836447.html
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Musk Denies Reports About Him Planning to Fire Twitter Staff to Avoid Payouts
05:00 GMT 31.10.2022 (Updated: 12:57 GMT 14.04.2023) WASHINGTON (Sputnik) - On Friday, US media reported that Twitter had already started laying off employees, with outlets claiming that that Musk intended to fire 75% of Twitter employees. The entrepreneur has denied these reports.
SpaceX and Tesla founder, billionaire entrepreneur Elon Musk, has denied US media reports about laying off Twitter employees early to avoid having to make payouts.
"This is false," he tweeted replying to a comment on social media about the report.
On Thursday, Musk closed the $44 billion deal to acquire Twitter, negotiations for which began in April. On Sunday, US media reported that Musk
was going to start laying off Twitter workers before November 1, the date employees were supposed to receive stock grants as part of their pay deals.
30 October 2022, 02:59 GMT
After completing the acquisition of Twitter, which was delayed due to concerns by Musk about the number of fake accounts on the platform, the billionaire said that there would be no changes to Twitter's content moderation policies as of yet. According to reports, Musk does plan to liberalize the social network's editorial policy, which has been widely criticized for heavy content censoring.
