Musk: Twitter has laid off about 80% of its workforce

Twitter CEO Elon Musk said in an interview with the BBC on Tuesday evening that his company has laid off more than 6,000 employees, about 80 percent of its workforce, since late last year.

Twitter's workforce reduction is not comparable, in percentage terms, to other big tech companies such as Google, Amazon, Microsoft and Meta, which have laid off tens of thousands of employees worldwide.

Twitter is facing a slew of lawsuits and other legal actions on behalf of the former employees over its layoffs and benefits issues, according to a report from the San Francisco Chronicle.

The company also stated in a recently published legal filing that "Twitter Inc. has been merged into XCorp. It no longer exists."
According to the legal filing, XCorp is a private company. Its parent company is X Holding Corp.