Home » Elon Musk to Twitter employees: “Costs exceed revenue, possible layoffs”

Elon Musk to Twitter employees: “Costs exceed revenue, possible layoffs”

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Elon Musk to Twitter employees: “Costs exceed revenue, possible layoffs”

Ahead of the Twitter acquisition – a $ 44 billion deal that has been questioned multiple times since the offer was made – Elon Musk first met the employees del social network.

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The meeting was held privately but already circulating indiscretions on what the entrepreneur said.

The CNBC, in particular, has published the answers given by Musk to some of the requests most interesting posed by employees.

To a question about possible layoffs, the CEO of Tesla and SpaceX replied: “It depends. Twitter has to become a healthy company. At the moment the costs exceed the revenues.” “Anyone who contributes significantly – added Musk – has nothing to fear”.

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It seems that Musk has also expressed himself on the remote workunderlining how his position towards Tesla employees – who have been peremptorily asked to work face-to-face – does not necessarily apply to those who work at Twitter.

“Tesla produces cars – the entrepreneur would have said – and the machines are not made remotely”. Musk also added that “if someone excels at his job, smart working can be granted” but that “face-to-face work can be pre-empted”.

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