Elon Musk Says New York Times Report on Avoiding Payouts to Twitter Employees Is ‘False’

Elon Musk Says New York Times Report on Avoiding Payouts to Twitter Employees Is ‘False’
Elon Musk on a smartphone placed on printed Twitter logos on April 28, 2022. Dado Ruvic/Illustration/Reuters
Katabella Roberts
Updated:
0:00

Tesla CEO Elon Musk has taken to Twitter to address a “false” report by The New York Times that he planned to lay off some Twitter employees before Nov. 1 to avoid payouts in their contracts.

The New York Times, citing “four people with knowledge of the matter” reported on Oct. 29 that billionaire Musk planned to start laying Twitter workers off as soon as Saturday ahead of Nov. 1, when employees were scheduled to receive stock grants as part of their compensation.

Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
Related Topics