The situation was already serious in terms of future outlook when Elon Musk last month finalized the purchase of Twitter for $44 billion through his own finances and those of a pool of investors, but a very tough plan was also ready to be implemented.
“There is no way to sweeten the pill on the economic outlook and how it will impact an ad-addicted company like Twitter.”
The entrepreneur’s pragmatic commentary leaves no room for doubt, the situation is serious to the point that the road to bankruptcy is not to be ruled out a priori.
Despite cutting half the staff and almost all the management, despite early retirements, changing the business model and mode of operation the situation remains serious.
After the delisting of the Twitter stock from the New York Stock Exchange, Musk and his team wasted no time in trying to secure the social and improve it from a functionality standpoint.
Smart working gets banned at Twitter
Yet another desperate move to increase productivity
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