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Elon Musk tells Twitter employees headcount will be rationalized -virtual staff meeting

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June 16 (Reuters) - Elon Musk addressed Twitter employees for the first time on Thursday, projecting a need for "rationalization of headcount" but offering few other new details about the $44 billion takeover of the social media company.

Musk said he wants to raise the service's user numbers to at least a billion people and said advertising would remain important for the company, according to audio of the meeting heard by Reuters. (Reporting by Sheila Dang, Nivedita Balu and Katie Paul; editing by Diane Craft)