Twitter posted revenue of $5 billion in 2021.
In 2021, Twitter registered 7,500 employees.
By the end of 2022, the company is expected to lay off around 50 percent of the workforce.
The controversy and comments generated by the sale of Twitter continue to cause controversy around the world. Recently, it emerged that the new owner of Twitter Inc., Elon Musk, sent an email to his workers for the first time late on Wednesday to prepare them for the “difficult times ahead.”
On October 27, the CEO of Tesla confirmed, after a long novel, the purchase of the social network of the little blue bird. The purchase of Twitter was for 44 billion dollars and that the social network records, according to data from its report, in the last fiscal period, that its total worldwide revenues amounted to more than 5 billion US dollars, compared to 3.72 billion dollars in the previous year.
Elon Musk’s first email to Twitter employees
After beginning his takeover of Twitter, the South African and considered the richest man in the world, it was revealed that it contained the first email that Musk sent to the remaining employees of Twitter.
According to Bloomberg News, Musk said there was “no way to sugarcoat the message” about the economic outlook and how it will affect an ad-dependent company like Twitter.
Also, according to the text, the new rules, which will take effect immediately, will require employees to be in the office at least 40 hours a week.
Also, the new boss has raised the price of the Twitter Blue subscription to $8 and added user verification, for which Musk told workers in the email that he wants subscriptions to account for half of revenue. from Twitter.
“The road ahead of us is an arduous one and will require hard work to succeed,” Musk wrote in his letter to employees.
The US media highlights that in another email, it added that “in the coming days, the absolute priority is to find and suspend any verified bot/trolls/spam.”
Let us remember that Twitter has been under Musk’s direction for about two weeks, in which he has fired almost half of his staff and most of his management team.
Musk has begun mass layoffs at Twitter, slashing the company’s 7,500-strong workforce and kicking off his overhaul of the company. All this movement was made at the last minute Last Thursday, November 3, an email was sent to company employees notifying them of the job cut plans, informing them that at 9:00 a.m. on Friday, Pacific time, workers will receive an email with the subject: “Your role on Twitter”.
And so, like everything that has been emerging from Twitter and Elon Musk, it has become a topic of public opinion discussion, where people go to social networks to find out, since this uncertainty can affect other scenarios. From the market.
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