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

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)