HomeNewsElon Musk told Twitter...

Elon Musk told Twitter employees about the possible bankruptcy of the company

In the third week of Elon Musk’s ownership of Twitter and after massive layoffs, the billionaire exposed the social media platform’s fragile financial future amid layoffs of top executives and employees.

In an email to employees and at a subsequent staff meeting, Musk did not inspire confidence in the company’s future. In one of the emails, Musk talked about the harsh economic conditions the company is facing and how important he thinks Twitter Blue’s subscription service is to its future.

“Without significant subscription revenues, there is a good chance that Twitter will not survive the coming economic downturn,” Musk said in the email. “We need about half of our revenue to come from subscriptions.”

In addition, Elon Musk announced to his employees to prepare for an 80-hour work week and stripped them of the perks of free food. Asked about the prospect of fatigue from the 80-hour work week, Musk said they all need to be “more hardcore.”

Messages were sent to Twitter asking for comment, but it is unlikely that anyone will respond since the communications department has been cut.



Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related articles

Apple threatens Elon Musk to remove the Twitter app

What can Twitter do to get them removed from the App Store?

UK relaxes rules for Facebook, TikTok, and Twitter

I wonder how it will work. We should now expect more details from the government.

Chinese police search phones for Instagram, Twitter, and Telegram

What caused the Chinese police to search people?

Twitter Hashflag explained

Many people don't understand what a hashflag is on Twitter. Let me explain it to you.

Twitter is hiring new employees after layoffs

Can this be considered the end of the firing phase?