Elon Musk began mass layoffs at Twitter on Friday, sharply reducing the social media platform’s workforce. Employees began reporting being locked out of the social media platform's information systems on Thursday night and Friday morning.
Per a reported internal memo, Twitter management informed employees it will be “reducing our global workforce.”
Musk's acquisition is a real opportunity for Twitter to become free of biased censorship. With the billionaire entrepreneur at the helm, he can retain the general code of conduct to fight deceitful foreign influences while also allowing the marketplace of ideas to flourish, freeing it from so-called "fact checkers" with ill intentions.
While billionaires like Elon Musk may have the money to buy and influence social media platforms, they don't possess the character to manage them properly. Musk's Twitter history reveals an erratic personality with the potential to vastly alter the market with a single tweet simply to advance his self-interest. With Twitter set to have no barriers to what can or cannot be said, the app is looking like a disaster waiting to happen.