Keneci Network (@keneci)
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Twitter Lays Off Employees; As Elon Musk Calls Out Boycotting Advertisers Over Free Speech https://www.keneci.com/hotfeed-read-more#h.eznpmi96i56f The new Twiiter owner fired nearly half of the platform's employees Friday, a cost-cutting measure as he tries to fix the company's finances. "Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day," Elon Musk tweeted, amid whinning by leftists online. "Everyone exited was offered 3 months of severance, which is 50% more than legally required." Some brands like car makers GM and Volkswagen have recently "paused" advertising on the platform apparently over content moderation concerns. Musk has said he wants to end the type of biased censorship practices under the previous owners of the platform. Musk met with far-left anti-free-speech groups like the ADL, this week, who raised concerns over so-called hate speech on the platform. "Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists," Musk tweeted Friday, after more companies announced they 'pause' advertising on the platform. "Extremely messed up! They’re trying to destroy free speech in America."