Elon Musk cuts variety of Twitter employee perks to boost profitability

In a bid to boost Twitter’s profitability, new owner Elon Musk has decided to eliminate some employee benefits and perks enjoyed by employees at the social media company, reports Business Today. Perks that have been cut include training and development benefits, daycare facilities for children of staff and quarterly team activities. Other perks such as meal allowances and activities related to employee wellness and productivity were also cut.