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Evening Standard
Evening Standard
World
Michael Howie and Bill McLoughlin

Elon Musk blames ‘massive revenue loss’ amid Twitter lay-offs

Elon Musk has accused activist groups of “pressuring” advertisers into dropping Twitter, as the social media giant carried out its sweeping round of job cuts.

The billionaire tweeted that the groups were trying to “destroy free speech" by raising concerns around his plans to loosen content moderation rules on the site, saying it had caused a “massive drop” in revenue.

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