Not that I want to scare you, but… Musk admits Twitter bankruptcy is possible

Elon Muskin His first speech For Twitter employees since it acquired the company for $44 million, he said that Bankruptcy is a possibilityaccording to a person familiar with the matter.

Yoel Roth and Robin Wheeler, two CEOs to this day figured As part of Elon Musk’s new leadership team, they resigned, according to another person familiar with the matter, who requested anonymity.

musk removal For most members of the top executive team of the social network when it finalized its acquisition last month. Since then, Roth has led all of the social network’s trust and security efforts, while Wheeler, Vice President of Sales, recently took over overseeing relationships with advertisers.

The social network has a large debt burden of the acquisition and faced kind of rejection by some advertisers interested in Musk’s plans to moderate content. Information s Curriculum I mentioned earlier in Musk’s bankruptcy filing.

Pod food and home office just a few hours

Musk also told the staff on the call that Free food era and other benefits It was completed in the Twitter offices, according to the source.

On Twitter’s financial and future affairs, Musk said the company needs to move quickly to make an $8 subscription product Twitter is called Blue had become Something that users want to pay for.

in e-mail On Wednesday, Musk warned employees of “tough times ahead” and stressed that “There is no way to color the message” on the company’s financial prospects. He indicated that there will be no remote work unless he agrees to it himself.

The billionaire cut half the number of Twitter employees and made drastic changes to its subscription rules. This Thursday, after the changes, accounts with blue checkmarks have replaced several large advertisers.