Just-In: Elon Musk Won’t Layoff 75% Twitter Staff

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Tesla CEO Elon Musk on Thursday he would not lay off 75% of Twitter employees after the completion of the $44 billion deal. Musk denied previous reports of planning to cut Twitter staff during an address to Twitter employees at the San Francisco office. The Twitter acquisition deal will be finalized on Friday, October 28 or otherwise, he may face a continued trial in court.

As a result, Dogecoin (DOGE) price jumps over 21% in the last 24 hours, with the current price trading at $0.079. The 24-hour low and high for DOGE are $0.065 and $0.080, respectively.

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