Just-In: Elon Musk Won’t Layoff 75% Twitter Staff

Tesla CEO Elon Musk on Thursday said he would not lay off 75% of Twitter employees after the completion of the $44 billion deal. Musk denied previous reports of planning to cut Twitter staff during an address to Twitter employees at the San Francisco office. The Twitter acquisition deal will be finalized on Friday, October 28 or otherwise, he may face a continued trial in court.

As a result, Dogecoin (DOGE) price jumps over 21% in the last 24 hours, with the current price trading at $0.079. The 24-hour low and high for DOGE are $0.065 and $0.080, respectively.

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been associated with the blockchain and cryptocurrency industry for a substantial period and is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.