Musk warns Twitter employees that he does not rule out bankruptcy | comp

It’s been less than two weeks since Elon Musk finished buying Twitter. But far from allaying the uncertainty that has surrounded the social network since the American billionaire launched his takeover bid last April, the platform’s future still hangs at the mercy of its new decisions. tweet head Its unpredictable nature.

In his first message to the tech company’s employees after the acquisition, Musk admitted Thursday that he does not rule out the possibility of the company’s bankruptcy. The social network stayed with heavy debts After closing the transaction and affecting the liquidity Huge removal of advertiserswho do not trust the social network to remain a safe space, free from hate messages or fake newsunder the guidance of America.

In fact, Musk admitted it Sell ​​Tesla StockBreaking his promise not to strip himself of the electric car manufacturer’s titles, he “save Twitter,” a few days after taking control of the social platform.

In addition, according to Bloomberg, Musk has introduced some cost-cutting financial restructuring measures at Twitter, including canceling employee free meal days and suspending remote work. It also insisted on the urgent need to launch its “Twitter Blue” product, which will allow users to keep the brand for a period of time. Verified accounts pay eight dollars a month.

Besides the financial battle, the owner of the social network will also have to put out the fires in the top management. musk Most of the Twitter executive team was fired After the acquisition, but now facing the resignation of some of the main characters who remained in the new formation, such as Yoel Roth and Robin Wheeler. According to Bloomberg, both executives submitted their resignations on Thursday.

Since closing the operation, Roth has taken over all efforts to maintain the trust and security of the social network, while Wheeler, Vice President of Sales, has been responsible for overseeing relationships with advertisers to mitigate distrust of moderation. New Twitter.