Elon Musk took over the reins of Twitter two weeks ago. A time frame that will see the social network fall into the greatest chaos. The Head of Tweeter is at a loss as to what to do to prevent the Twitter house from falling, and his decisions seem increasingly erratic. After laying off thousands of employees, he is recalling some, insulting them live on the platform, and doesn’t seem to know what subscription formula to adopt. Behavior that drives advertisers awayand causes a shortfall that the platform doesn’t really need right now.
To read : Elon Musk will finally ban accounts that make fun of him
In this context, the CEO held an emergency meeting where the company shared its situation with its employees. would claim that “The possibility of bankruptcy cannot be ruled out”. He used this opportunity to announce the departure of the moderator manager. Their teams make up the bulk of those laid off last week. Therefore, we may worry about the future quality of content on Twitter. Everything is that words will no longer really be moderated and tweets from Twitter Blue members will be prioritized, monthly subscription from 8 €, revised version will also serve as Verification.
Twitter loses a lot of money, Elon Musk sells Tesla shares to save safes
I don’t know Musk How long can Twitter continue to work at this rate?. After spending $44 billion buying the social network and reselling shares of Tesla to save the vaults, the world’s richest man isn’t sure if he can reinject money into the machine to keep it running. According to him, the company is too dependent on advertising revenue and therefore the goodwill of advertisers who do not appreciate Elon Musk’s erratic behavior.
To read – Twitter: Elon Musk plans to make the platform fully paid, what a surprise
According to the New York Times, Twitter loses $4 million every day from operating costs alone. While generating revenue is more urgent than ever, the Twitter Blue offering seems to be experiencing serious technical issues at the moment. In addition, we can conclude that the platform is bothered by the resurgence of fake accounts, and the picture is black for Twitter.
