Billionaire Elon Musk 'Plans To Fire 25%' Of Twitter Staff In The First Round Of Layoffs

Elon Musk plans to release a quarter of Twitter's workforce in his first round of layoffs after his $44billion takeover, according to reports.

It comes as the new Twitter CEO allegedly issued an ultimatum to the social media platform's engineers, telling them to revamp Twitter's verification system in less than a fortnight or face the sack.