Elon Musk hints at layoffs in first meeting with Twitter employees

Multi-billionaire Elon Musk has in a meeting with Twitter employees hinted at potential job cuts if his $44bn (£35.8bn) takeover bid for the social media company is successful.

He also addressed topics like remote working, freedom of speech and potential extra-terrestrial life.

Mr Musk was talking to staff for the first time since launching his bid for the firm in April.

He has said he may quit the deal if he is not given data about fake accounts.
On a wide-ranging video call with Twitter employees on Thursday, Mr Musk said layoffs at Twitter would depend on the company's financial situation.

"The company does need to get healthy. Right now the costs exceed the revenue," he said.

However he added: "Anyone who's a significant contributor should have nothing to worry about".