Elon Musk, who lives in America, was born in South Africa in 1971. He runs the space exploration company SpaceX and the leading electric vehicle manufacturer Tesla. Elon Musk tops the Forbes list of the world’s richest people.
Musk had previously expressed his desire to buy Twitter for $44 billion. However, Musk announced that he was abandoning the decision to buy the company, saying that Twitter did not disclose information about fake accounts. Following this, the Twitter management had announced that they would go to court. In this context, Musk surprised everyone by taking over Twitter.
Since Musk took over Twitter, there has been a lot of buzz about Musk firing top executives and disbanding the executive team. In this particular e-mail sent to the employees around 4 am, it was reported that the facilities to access the structures of Twitter, Slack and the facilities to access the official email were all blocked.
There were continuous reports that Twitter employees all over the world were hit with this sudden layoff. It is in this condition that Elon Musk has given an explanation for this.
In his explanation regarding this, “Twitter is losing 4 million dollars every day. So the way to go now is to objectify. There is no other way. Also 3 months severance pay is given to the employees. “This severance pay is 50 percent more than what is required by law for the employees,” he said.