Washington: Twitter’s new owner Elon Musk has started laying off employees continuously. Almost all employees in India are said to have been laid off. In the meantime, he has made a tweet. Musk clarified that the company is incurring a loss of $ 4 million per day. So there was no other way but to lay off employees.
Musk said all laid-off employees will get three months’ salary, which is more than 50 percent under the law.
Musk, 51, took over Twitter on October 27 to benefit the company. On November 4, 3,700 employees of the company were informed that they would be evicted.
