Shulou(Shulou.com)11/24 Report--

Tesla CEO Elon Musk reportedly said at a CEO summit in London on Tuesday that many employees were doing things that didn't have much value before Twitter made mass layoffs.

Musk added: "Probably a lot of Silicon Valley companies are like this, but maybe not as serious as Twitter. Musk further explained: "Twitter was in a situation where if there were 10 people in a meeting, only one was on the gas pedal and nine were on the brakes, so it couldn't go very far." "

Musk also added that other large tech companies could lay off further workers without affecting productivity. Musk also revealed at the summit that Twitter currently has about 1500 employees, which is a reasonable number.

But two people familiar with the matter said Twitter's full-time staff was actually closer to 1000. Twitter had more than 7500 employees at the end of 2021. But just a week after his successful acquisition of Twitter last October, Musk laid off about half of his employees. Since then, thousands more have been fired or resigned.

Musk said Tuesday that Twitter plans to increase its workforce again as the company moves toward positive cash flow. "With any luck, our cash flow could be positive next month," he said. At that time, we will begin to increase the number of staff for the company. "

Musk also noted that some hiring has actually begun. Musk had previously hinted in interviews that Twitter might rehire some of its previously fired employees.

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