Cartoon: Elon Musk lays off thousands at Twitter in money grab

Urvi Kulkarni, Scot Scoop Cartoons Managing Editor • December 5, 2022

Since the firing of Twitter’s chief executive, Elon Musk has laid off 3,700 employees after his $44 billion purchase of the company. With his purchase on Oct. 27, Musk acquired Twitter’s $13 million in debt. Musk’s firings have become a desperate attempt to salvage the company by cutting down on labor costs and infrastructure. This cut on infrastructure has already begun to affect the app’s content moderation. Similar to other tech companies as of late November, Musk aims to expand Twitter’s profit margins in response to a foreseeable recession and high-interest rates. (Urvi Kulkarni)

About the Contributor

Urvi Kulkarni, Scot Scoop Cartoons Managing Editor

Urvi Kulkarni is the Cartoon Managing Editor for Scot Scoop who finds an interest in local climate stories and visual arts. When she is not editing, cartooning, or writing, you can find her on the courts playing for the varsity tennis team, working on a painting, or spending time with her friends. Check out her portfolio here.

▲

Comments (0)

We invite comments and responses to our content. Comments that are deemed appropriate and relevant will be published.

Share your thoughts...

All Sort: Newest