Twitter owner Elon Musk is breaking his silence, amid rumors and reports that the website could potentially shut down. Musk, who bought Twitter earlier this year for over $40 billion, has courted a string of controversies in his weeks-long tenure at the website, both for changes to the platform’s Verification process, to multiple strings of layoffs among employees. The latest round of layoffs reportedly arrived this week, after Musk gave remaining employees an ultimatum of either committing to long hours at the website, or resigning with three month’s severance. According to tech reporter Kylie Robertson, roughly 75% of employees have agreed to take the severance package, and Musk has subsequently revoked employee badge access and temporarily closed down Twitter’s offices to stop any potential sabotage.

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