‘No choice’, says Elon Musk as he justifies massive layoffs at Twitter

Amid massive layoffs at Twitter across the world, including in India, and the subsequent backlash, the microblogging site’s new owner Elon Musk on Saturday justified the move, saying there was “no choice” when the company was losing millions of dollars daily.

The company posted a net loss of USD 270 million in the second quarter ended June 30, 2022, compared to a profit of USD 66 million in the same period a year ago.