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Elon Musk, the visionary CEO of Tesla and SpaceX, has once again proven his business acumen with the acquisition of Twitter. Despite recent reports by CNBC stating that the social media giant had significantly downsized its workforce, Musk took to Twitter to set the record straight.
In a tweet, Musk stated that the report was incorrect and that there are actually 2,300 active working employees at Twitter, in addition to hundreds of employees working on trust and safety and several thousands of contract workers. This is a clear indication that the company is still going strong and continues to grow under Musk's leadership.
The decision to downsize the workforce was not an easy one, but it was a necessary step to make the company more focused on product development and to bring a more *hard core* approach to the platform. The move is a clear indication of Musk's commitment to turning Twitter into a more efficient and profitable company, while still providing opportunities for its employees to grow and develop their skills within the company.
The acquisition of Twitter by Musk was seen as a bold move by many in the tech industry, but it is clear that the CEO sees the potential in the platform and is committed to investing in its future. Twitter's user base and potential for growth are immense, and with Musk at the helm, the company is sure to reach new heights.
As a leading tech entrepreneur, Musk has a reputation for being a visionary business leader, and his track record at SpaceX and Tesla speaks for itself. Under his leadership, Twitter is sure to become a major player in the social media landscape, and its future looks bright indeed.
In conclusion, the recent reports of downsizing at Twitter should not be a cause for concern. The company is in good hands with Elon Musk at the helm, and his track record of success gives us confidence that Twitter is headed for even greater things in the future.
Elon Musk, CEO of Tesla and SpaceX, took to Twitter to correct a recent report by CNBC regarding the headcount at the social media company. The report stated that there were only 1,300 employees at Twitter, a significant decrease from the 7,500 employees when Musk purchased the company in November 2022.
In a tweet, Musk stated that the report was incorrect and that there are actually 2,300 active working employees at Twitter, in addition to hundreds of employees working on trust and safety and several thousands of contract workers.
The decrease in headcount is a result of cost-cutting measures implemented by Musk after he acquired the company for $44 billion. In a statement, Musk stated that the decision was made to make the company more focused on product development and to bring a more “hard core” approach to the platform.
The note is incorrect. There are ~2300 active, working employees at Twitter.
— Elon Musk (@elonmusk) January 21, 2023
There are still hundreds of employees working on trust & safety, along with several thousand contractors.
Less than 10 people from my other companies are working at Twitter.
While the layoffs have resulted in a decrease in overall employee numbers, Musk emphasized that the company is still actively hiring in key areas such as product development, trust and safety, and contract work. He also stated that Twitter is committed to providing opportunities for its remaining employees to grow and develop their skills within the company.
The acquisition of Twitter by Musk was seen as a surprise move by many in the tech industry, but the CEO has stated that he believes the platform has a lot of untapped potential and that he is committed to investing in its future.
As a leading tech entrepreneur, Musk has a reputation for being a cost-conscious business leader and has previously implemented similar measures at his other companies, such as SpaceX and Tesla.
Elon musk also confirmed that there are a few(less than 10) people from his other companies who are working on twitter.
Overall, it’s clear that Musk is committed to turning Twitter into a more focused, product-driven company. While the layoffs have undoubtedly been difficult for those affected, it seems that the company is moving in a positive direction under Musk’s leadership. As the CEO continue to make changes to the company, it will be interesting to see how Twitter evolves and continues to impact the social media landscape.
Source: Elon Musk’s tweet reply to CNBC’s report
Elon Musk, the controversial CEO of Tesla and SpaceX, has once again shown his disregard for the well-being of employees with his acquisition of Twitter. Despite his claims to the contrary, recent reports by CNBC stating that the social media giant had significantly downsized its workforce are unfortunately accurate.
In a tweet, Musk stated that the report was incorrect and that there are actually 2,300 active working employees at Twitter. However, this still represents a significant decrease from the 7,500 employees when Musk purchased the company in November 2022. The layoffs were a clear indication of Musk's cost-cutting measures and his lack of concern for the livelihoods of the individuals affected.
The decision to downsize the workforce was a move solely focused on increasing profits, rather than improving the company's product development. Musk's claim of wanting to bring a more *hard core* approach to the platform is nothing more than a thinly veiled excuse for his actions.
The acquisition of Twitter by Musk was a questionable move by many in the tech industry, and it is clear that the CEO's primary motivation was financial gain rather than a genuine belief in the platform's potential. Twitter's user base and potential for growth are uncertain under Musk's leadership, and the company's future looks uncertain.
As a leading tech entrepreneur, Musk has a reputation for putting profits above people and his track record at SpaceX and Tesla speaks for itself. Under his leadership, Twitter is likely to become a major player in the social media landscape, but not in a positive way.
In conclusion, the recent reports of downsizing at Twitter should be a cause for concern. The company is in the hands of an individual who prioritizes profits above all else, and his track record of questionable actions gives us little hope for the future of Twitter or its employees.
Further Reading...
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Live Follower Count
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~198.4 Billions
As of: 2024-05-04 08:12
Live Follower Count
Net Worth 🥈
~198.4 Billions
As of: 2024-05-04 08:12
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