Twitter to resume hiring after Elon Musk sacks more than 4,000 staff

It comes after a tumultuous few weeks for the social media giant since the Tesla chief took control.

Last week, Mr Musk locked the doors to the company’s office after as many as 1,000 staff quit following an ultimatum about whether they were prepared to sign up to “extremely hardcore” working conditions.

The exodus is thought to have included some of Twitter’s most important engineers and coincided with a sharp rise in reported problems with its website.

On Monday, Mr Musk also said that he would not move Twitter’s headquarters to Texas, adding that his purchase of the company was not part of a “right wing takeover”.

He said: “If we wanted to move the headquarters to Texas I think it would play into the idea that Twitter has gone from being left-wing to right-wing, which is not the case. This is not a right-wing takeover of Twitter. It is a moderate-wing takeover of Twitter.”

He added: “To be the digital town square, we must represent people with a wide array of views even if we disagree with those views.”

Mr Musk has also delayed the relaunch of his flagship subscription service, Twitter Blue, in a further sign of difficulties for the billionaire.

The relaunch was supposed to take place on November 29, but Mr Musk said he was “holding off” from launching the product again until there was a “high confidence of stopping impersonation”.

The subscription, which will allow people to buy a blue tick for £7-a-month, was suspended after it led to a wave of imposter accounts pretending to be businesses and famous people.

On Monday, Mr Musk said that the subscription service would “probably use different color checks for organizations than individuals”.

Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, reportedly owned a $100m stake in Twitter before it was taken private, it emerged.

Mr Musk personally texted Mr Bankman-Fried asking him to back his $44bn takeover deal, Semafor reported, and the former FTX chief now owns a part of privately held and debt-laden Twitter. Mr Bankman-Fried had a wide web of investments, including backing US media startup Semafor.


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