Crypto News

Elon Musk Axes 80% of Security Team Post ‘X’ Buyout

Author : Velagala Kumar Reddy

In a surprising turn of events, Elon Musk has reportedly laid off 80% of the engineers responsible for trust and security at his latest acquisition, a company formerly known as Twitter, now referred to as “X”. This drastic decision, reported by Foresight News, was confirmed through data submitted by X to Australian regulatory authorities.

The move has sparked intense debate in the tech and business communities, with many speculating on the implications for the future of the platform’s security and user trust. Musk, known for his unconventional approach to business, seems to be reshaping the company’s structure fundamentally, but at what cost to its integrity and safety?

As the tech world watches closely, questions about the impact of this significant workforce reduction on the platform’s ability to handle security challenges remain unanswered. This development is particularly noteworthy in the context of the growing concerns around online safety and privacy.

DisclaimerPlease note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.