The controversial world of Elon Musk

Musk plans to lay off 50% of Twitter staff following takeover

Stars Insider

03/11/22 | StarsInsider


Officially the richest and one of the most high-profile entrepreneurs of the modern age, Elon Musk continues to astound the business world with his flair for innovation, commercial intelligence, and controversial public persona. 

Just one week after closing the US$44 billion deal to take over Twitter, Elon Musk has announced his plan to lay off 50% of the platform's staff. There are currently more than 7,000 employees at Twitter who now fear for their jobs. A report on his first actions as the new CEO also includes rolling back the company's work-from-home policy which was instituted during the pandemic, making it mandatory for the remaining employees to work from the office. 

These aren't the only controversial changes Musk has announced in his short time at the helm of Twitter. The multi-billionaire caused a stir by announcing that users would now need to pay a subscription fee in order to receive the blue mark verification of their account, a service that is essential for public figures. Responses from famous Twitter users have been barbed. “Lmao at a billionaire earnestly trying to sell people on the idea that ‘free speech’ is actually a $8/mo subscription plan," wrote famous lefty Rep. Alexandria Ocasio-Cortez, to which Musk replied, "Your feedback is appreciated, now pay $8." Famed horror author Stephen King also had something to say when rumors circulated that a US$20 monthly fee would be applied: "$20 a month to keep my blue check? F*** that, they should pay me. If that gets instituted, I’m gone like Enron."

Click through the following gallery to learn more about his achievements and try to catch up with this controversial individual!

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