Elon Musk defends Twitter layoffs, saying staff given three months’ pay

New owner says company is losing $4m a day as he tries to reassure advertisers over content moderationElon Musk has defended the mass layoffs at Twitter by saying axed employees received a three-month payment from the company, which is losing more than $4m (£3.5m) a day.The social media company began widespread staff cuts around the world on Friday, with suggestions as many as half of its more than 7,500 staff could lose their jobs. Continue reading...