Musk denies reports that Twitter is planning mass layoffs

Elon Musk has denied a report that he plans to lay off workers massively from Twitter before the start of next month.

Musk, responding to a Twitter user who asked about the news, wrote briefly that “this is a lie”.

Last week, the billionaire completed the purchase of the social network worth 44 billion dollars, after several months of legal “wrangling”.

The acquisition brought the departure of the company’s top executives – including its chief executive and chief financial officer.

Over the weekend, it was reported that Musk had ordered massive job cuts across Twitter’s workforce.

The news said the layoffs would take place before Nov. 1, with workers receiving shares in the company as a key part of the pay deal.

Musk’s purchase has sparked discussions among Twitter users about what the platform will look like under his ownership.

Some have expressed concerns about free speech policies, implying that people banned for hate speech or misinformation could be allowed back on the platform.

Last week, he said he doesn’t want Twitter to become an echo chamber for hate and division.

“Twitter obviously cannot become a free-for-all hell, where anything can be said without consequence,” he wrote on Twitter.

Musk also started a poll on Twitter asking his more than 112 million followers if he should bring back the short video app Vine. The service, which allowed users to share videos of several seconds, was acquired by Twitter in 2012.

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