https://www.theguardian.com/technology/2022/nov/05/elon-musk-defends-twitter-layoffs-saying-staff-given-three-months-pay

New owner says company is losing $4m a day as he tries to reassure advertisers over content moderation

Elon Musk has defended the mass layoffs at Twitter by saying axed employees received a three-month payment from the company, which is losing more than $4m (£3.5m) a day.