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Elon Musk blames activists for ‘massive drop’ in revenue as Twitter begins huge job cuts

Employees post their goodbyes as billionaire takes axe to social media giant

Alastair Jamieson
Friday 04 November 2022 21:43 GMT
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Musk has blamed a ‘massive drop in revenue’ for his decision to cut jobs
Musk has blamed a ‘massive drop in revenue’ for his decision to cut jobs (The Independent)

Elon Musk blamed “activist groups” for a “massive drop” in revenue at Twitter, as his company began drastic job cuts.

The billionaire began firing workers at offices around the world, raising grave concerns about the social media platform as a source of reliable information just days ahead of the US midterm elections.

The speed and size of the cuts also opened Musk and Twitter to legal action. At least one lawsuit has been filed in San Francisco alleging that the company has broken the law by not providing the required notice.

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