Musk on possible layoffs at Twitter: ‘The company needs to get healthy’

Musk on possible layoffs at Twitter: ‘The company needs to get healthy’


Musk addresses question of possible layoffs at Twitter: ‘The company needs to get healthy’

Musk said layoffs at Twitter will depend on its financial situation.

“It depends. The company does need to get healthy,” Musk said, according to the source. “Right now the costs exceed the revenue”

Musk said there has to be some rationalization of headcount or else Twitter won’t be able to grow.

“Anyone who is a signification contributor has nothing to worry about,” he said.

—Lauren Feiner

Musk has a strong bias toward in-person work

Musk, who recently told his employees at Tesla to come back to work in their offices 40 hours a week or resign, seemed to draw a distinction between working remotely at the car company and at Twitter.

“Tesla makes cars, and you can’t make cars remotely,” Musk said, according to a source familiar with the matter.

Musk did not detail what his policy on remote would look like for Twitter employees and said if someone is exceptional at their job, remote work is fine, according to the source.

But, Musk said his “bias is strongly towards working in person.”

—Lauren Feiner

Musk on how he can build trust with Twitter employees

“If someone is getting useful things done, that’s great. If they’re not then I’m like why are they at the company.”

— Lauren Feiner

Elon Musk on free speech

Elon on free speech (paraphrased): People should be allowed to say racist things but that doesn’t mean Twitter should promote it.

— Lauren Feiner

Musk asked why he loves Twitter

Elon when asked why Twitter: “I love Twitter”,  “I learn a lot from what I learn on Twitter.” It’s a “great way to get a message out”, “some people use their hair to express themselves, I use Twitter”

— Lauren Feiner

Employees are asking questions

Employees submitted questions s they are most interested in – no promise they will answer but highest ranked in categories of workplace policies (i.e. remote work), free speech, Elon’s suggested product improvements and relationship with employees — Lauren Feiner



Source

‘Bond markets on edge’ as King Charles sets out fragile UK government’s agenda
World

‘Bond markets on edge’ as King Charles sets out fragile UK government’s agenda

U.K. Prime Minister Keir Starmer. Wpa Pool | Getty Images News | Getty Images Britain’s King Charles III set out the agenda of a fragile U.K. government on Wednesday after Prime Minister Keir Starmer faced down calls for his resignation that sparked heavy selling pressure on gilts in the previous session. The State Opening of […]

Read More
Jim O’Neill: 4 lessons the U.K. must learn from bond markets after gilts sell-off
World

Jim O’Neill: 4 lessons the U.K. must learn from bond markets after gilts sell-off

Alexander Spatari | Moment | Getty Images Britain faces among the highest borrowing costs of any developed nation — but bond markets offer 4 key lessons the government can embrace to remedy the issue, according to former U.K. Treasury minister Jim O’Neill. Speaking on CNBC’s Squawk Box Europe, the former economist and Goldman Sachs asset […]

Read More
Jamie Dimon warns JP Morgan may rethink new London office if ‘very smart’ Starmer is ousted as UK PM
World

Jamie Dimon warns JP Morgan may rethink new London office if ‘very smart’ Starmer is ousted as UK PM

JPMorgan CEO Jamie Dimon attends an interview with Reuters in Detroit, Michigan, U.S., Nov. 5, 2025. Emily Elconin | Reuters JP Morgan may reconsider a planned multibillion-dollar office tower in London if U.K. Prime Minister Keir Starmer is ousted, the bank’s CEO Jamie Dimon said on Wednesday. Speaking to Bloomberg in Paris, the head of […]

Read More