Twitter employees who lost their jobs have been offered a three month payoff, according to Elon Musk, who said the company is losing more than 4.0 million US dollars (£3.5 million) a day.The social media company began widespread staff cuts around the world on Friday, with suggestions as many as half of its more than 7,500 staff could be axed.

Twitter employees who lost their jobs have been offered a three month payoff, according to Elon Musk, who said the company is losing more than 4.0 million US dollars (£3.5 million) a day.The social media company began widespread staff cuts around the world on Friday, with suggestions as many as half of its more than 7,500 staff could be axed.