Twitter has laid off a third of its recruiting team amid Elon Musk takeover drama
"We need to make more than we spend," Musk said, per the Insider report, citing a person who was at the meeting.
Musk's Twitter acquisition still hangs in balance. Since he put in his offer in April, the Tesla and SpaceX CEO has zoomed in on spam and bot accounts on the social media platform.Musk said he was putting the deal"on hold" until Twitter proves that fewer than 5% of its accounts are fake, as his bid was based on the company's SEC filing being accurate. Twitter said in a May 2 SEC filing thatSign up for notifications from Insider! Stay up to date with what you want to know.
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