Why Rivian, Nio, and Other EV Maker Stocks Rose Today

Reuters

Twitter tells employees there are no plans for layoffs

Twitter General Counsel Sean Edgett emailed employees on Thursday saying the company does not plan layoffs, according to a source who viewed the email. The Washington Post reported earlier on Thursday that Elon Musk told prospective investors in his deal to buy Twitter that he planned to get rid of nearly 75% of the company’s 7,500 workers, citing interviews and documents. The job cuts are expected in the coming months, no matter who owns the company, according to the Washington Post report.

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