Rob Black’s Winners and Losers: Why is Twitter laying off hundreds of employees?

SAN FRANCISCO (KRON) — On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON 4’s Mark Danon about Twitter cutting their workforce, Tesla and Halloween spending.

Twitter announced that they are cutting 9 percent of their workforce worldwide.

Tesla turns a profit for the first time in three years. And it said next quarter is expected to be profitable as well.

Americans are expected to spend a whopping $8.4 billion on candy and costumes this Halloween. The figure marks an all-time high for the survey, which has been conducted for the past 11 years.

Rob Black answers Thomas’s question: How can I protect my elderly mom from being ripped off?

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