Elon Musk: the Twitter company is at a loss??

D N INDUJAA

Elon Musk showed the way out of 50 percent of the employees from twitter, said - If the company is at a loss...


On friday, Musk also complained about a sharp drop in Twitter's revenue and said that it was due to some activist groups who are pressurizing advertisers.


Elon Musk on saturday fired about 50 percent of Twitter's employees from the company. Musk, who bought this micro-blogging platform a week ago for $ 44 billion, has made many fundamental changes in the company in the last seven days. These included steps like laying off about 3700 out of 7500 employees of twitter worldwide. It has been told that the employees who were fired have been taken away from them on friday itself, access to the company's computer and e-mail.


Where on the one hand, Elon Musk is being criticized for firing employees like this on Twitter. At the same time, late on friday night, tesla Chief himself clarified this in a tweet. "As far as reducing the workforce at twitter is concerned, it's unfortunate that we didn't have a choice. Especially when the company is losing $4 million (approximately Rs.32 crore) every day," he said. On friday, Musk also complained about a sharp drop in Twitter's revenue and said that it was due to some activist groups who are pressurizing advertisers. "We tried hard to persuade the activists. It was a mess. They want to end free expression in America," he said.


Musk's remarks are being seen in conjunction with his recent meeting with civil rights groups, where the tesla chief data-faced questions about his leadership. Several activists have raised concerns that twitter could become a source of hate speech ahead of the US midterm elections.



According to the latest data from twitter, since Elon Musk took over the reins of the company, there has been a big decrease in the number of active users on this platform. According to a website called Bot Sentinel, since Musk's takeover on october 27, about 8.75 lakh users have deactivated their accounts on twitter till november 1. Apart from this, about five lakh accounts were also suspended on Twitter.


Meanwhile, recently a twitter user told Elon Musk that you have more than 110 million followers. Boycott such advertisers by naming them, who are involved in the boycott of twitter, so that we can boycott them by retaliating. And go ahead with our $ 8-a-month subscription plan so we can make up for the lost revenue. Regarding this, Musk said in the reply- "Of course, if this continues from the advertiser's side, then we will do exactly that."

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