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Elon Musk Podcast

Twitter's Struggles Continue: More Layoffs and Unhappy Employees

27 Feb 2023

Description

In this episode, we explore the recent unexpected round of layoffs at Twitter, where at least 50 employees were let go across different departments, including engineers who help keep the social network running. We discuss the impact of these layoffs on Twitter's future, which has seen its headcount fall by over 70% since CEO Elon Musk took over in October 2021, and its chief source of revenue, advertising, has fallen significantly. We also delve into Musk's attempts to generate revenue in other ways besides advertising, including Twitter Blue, a monthly subscription service that includes a blue verification check mark, and what this means for advertisers and the platform's users. Join us as we analyze the current state of Twitter and what the future holds for this social media giant.

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