Many US firms have space to do mass layoffs like Twitter: Musk

Date:

- Advertisement -

Elon Musk said many Silicon Valley companies have employees who don’t add a lot of value like Twitter had before he conducted mass layoffs. “I think there is the possibility for significant cuts at other companies without affecting their productivity, in fact increasing their productivity,” Musk stated. Twitter currently has around 1,500 employees, which is “a reasonable number”, he added.

Total Views: 38 ,
- Advertisement -

Share post:

Popular

More like this
Related

Canada hikes immigration fees by almost 12 percent

Immigration, Refugees and Citizenship Canada (IRCC) has announced an...

Honda makes six airbags as standard in City and Elevate models,

Honda Cars India has upgraded safety features in its...

Driving change: India’s luxury electric car revolution

Electric luxury cars represent the epitome of automotive excellence,...