Twitter layoffs begin as Elon Musk admits ‘massive drop’ in revenue

Billionaire blames financial woes on activist groups ‘trying to destroy free speech in America’

Twitter temporarily closed its offices and cut workers’ access to internal systems on Friday as it began laying off staff, a week after the billionaire Elon Musk took over the social media platform.

The firings came as Musk tweeted that the company had experienced “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. Extremely messed up! They’re trying to destroy free speech in America.”

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