Elon Musk Hysterical! https://www.foxbusiness.com/politics/musk-mocks-aoc-others-angry-price-twitter-blue-check
twitter is doomed. Past two years they have not made a profit. Last year made 5 billion and spent 5.2 billion Elon will cut the workforce between 25% to 75% Cuts won't work because he has to pay interest on that 44 billion-dollar loan, which is well a lot Twitter makes about 90% of that 5 billion with advertising, so Twitter needs to keep them all well, advertisers are going to pause spending until they see how the new Twitter landscape looks like So Elon has one choice to raise money fast by collecting and selling your data Only people who could stop him from selling your data he fired It's a shame twitter is a great recruiting tool I used for my son.
Past performance is not indicative of future results; Agree on RIF, I agree with your top end, but think range will be 50-75%, his 'back to the office' decision will likely help without layoffs. I believe he financed <13B, still a lot to finance and I suspect his bean counters will come up with some creative restructuring -- still will cost a lot. Some advertisers will pause spending, on the verge of a recession, marketing spend is also a target - those leaning left especially will pull the plug as will those advertisers looking to tighten purse strings -- on the flip side, he may have some new advertisers that leaned right. Buying and selling your data is nothing new and nearly every company you interact with does so. Its also legal. I've worked with companies you wouldn't expect, who have teams tasked with monetizing data - maximizing his investment is smart business. Look for a subtle "we're updating our terms of service" notice... While I've been highly cynical of his other companies and their finances, he has proven me wrong over and over...don't count him or twiter out...yet.
Time will tell, it's going to be interesting. We just reached out to an Eng that works remotely here in MI. I bet we hire him by end of next week.
Spouting the Narrative as usual. Wonder how long before you attack Ronny. Sent from my Pixel 6 using Tapatalk
The media relentlessly slinging anti Repub "news" stories is so predictable. Stories that don't mean anything but have buzz words that elicit negative emotions.
