Spectators and analysts believed Elon Musk may live to regret the brutal job cuts he carried out at Twitter when he brought the social media site—and it turns out they might be right. The Twitter owner and now Chief Technology Officer has spoken candidly about the swathes of redundancies he made at the platform, admitting that in some cases good people were let go. The Tesla CEO, who was similarly running SpaceX at the time, has so far let an estimated 6,300 people go across teams like HR, policy, press communications, marketing, engineering and more. Adding to the chaos was the fact some members of staff didn’t know if they had really lost their jobs or not, with Musk even getting into a spat with a disabled employee who publicly asked the then-CEO for some clarity. With a new boss at Twitter in place—Linda Yaccarino, the former chair of global advertising and partnerships at Comcast’s NBC Universal —Musk now seems ready to reflect on the $44 billion deal and his subsequent management. Speaking to CNBC’s David Faber, Musk said that “not all” the people who lost their jobs were “superfluous.” “Desperate times call for desperate measures,” he said. “There’s no question that
Read More











