Musk says Twitter is roughly breaking even, has 1,500 employees

FILE PHOTO: Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. REUTERS/Aly Song/File Photo

(Reuters) - Twitter Inc CEO Elon Musk said on Wednesday the social media company is "roughly breaking even," as most of its advertisers have returned and its aggressive cost-cutting efforts have started bearing fruit after massive layoffs.

Musk, in an interview with BBC broadcast live on Twitter Spaces, said Twitter has about 1,500 employees now, a sharp decline from "just under 8,000 staff members" it had before he took it over in October.