Musk hints layoffs at Twitter in future, says platform needs to get healthy

Tech billionaire Elon Musk has told Twitter employees that the platform “needs to get healthy” financially and bring down costs, suggesting that job cuts are likely in store if his deal to buy the social media service goes through.

When asked about the possibility of layoffs during an internal Q&A, Musk said “Right now costs exceed revenue,” citing employees, The Verge reported.

“That’s not a great situation,” he added.

The question of layoffs has been top of mind for Twitter’s more than 7,000 employees since Musk first said he wanted to buy the company.