Twitter CEO Elon Musk, who had been dealing with warmth over his controversial overhaul of the micro-blogging website, on Wednesday mocked his critics who predicted that the social media big will be unable to outlive below the billionaire’s management. “Wasn’t Twitter imagined to die by now or one thing … ? Possibly we’ve gone to heaven/hell & don’t realize it (sic),” he stated in a collection of tweets.
Elon Musk acquired Twitter in October following a prolonged authorized battle. Quickly after the takeover, Elon Musk fired the corporate’s earlier chief government and different senior leaders. Twitter additionally reduce shut to three,700 individuals this month by way of e-mail as a solution to trim prices post-acquisition, which closed in late October. “Concerning Twitter’s discount in pressure, sadly there is no such thing as a alternative when the corporate is dropping over $4M/day,” Musk tweeted on November 5 addressing the lay-offs.
Lots of of Twitter staff have additionally been estimated to have stop final week, following a Thursday deadline by Musk that staffers join “lengthy hours at excessive depth,” or depart.
In the meantime, as a social media platform, Twitter has already launched and rolled again a number of options inside days, together with a verification choice for subscribers of Twitter Blue, open to all customers for eight {dollars} a month.
A primary try at launching the function noticed an embarrassing spate of faux accounts that scared advertisers. Verified accounts with tens of millions of followers have been banned after their username was modified to “Elon Musk.”
Twitter Inc can also be dealing with class motion fits claiming that it failed to provide contract staff advance discover earlier than they have been laid off and discriminated towards disabled staff by barring them from working remotely after Musk took over.
With inputs from information businesses