Musk tweeted: "Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day."

"Everyone exited was offered 3 months of severance, which is 50% more than legally required," he said.

Yoel Roth, Twitter's head of safety and integrity,  referred to the layoff issue and tweeted: "Yesterday’s reduction in force affected approximately 15% of our Trust & Safety organization (as opposed to approximately 50% cuts company-wide), with our front-line moderation staff experiencing the least impact."

Musk recently took over Twitter in a $44bn.

 In an internal email, the social media company earlier said the cuts are "an effort to place Twitter on a healthy path", reports BBC.The firm added that its offices would be temporarily closed and badge access would be suspended, the British media reported.