“I now think that Twitter will, in fact, be okay next year,” Elon Musk said after severe cost-cutting. Photo: Reuters
“I now think that Twitter will, in fact, be okay next year,” Elon Musk said after severe cost-cutting. Photo: Reuters

Twitter cost-cutting averted US$3 billion shortfall, Elon Musk claims

  • He drastically cut costs including laying off more than half the company’s staff, and says he’ll step down as CEO if an appropriate replacement is found
  • ‘This company is like … a plane that is headed toward the ground at high speed with the engines on fire and the controls don’t work’, Twitter boss says

“I now think that Twitter will, in fact, be okay next year,” Elon Musk said after severe cost-cutting. Photo: Reuters
“I now think that Twitter will, in fact, be okay next year,” Elon Musk said after severe cost-cutting. Photo: Reuters
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