Twitter’s new CEO, Elon Musk, likened the financial situation in the company to a plane crash, explaining that there was a need for huge reductions in the staff of the social network. It has been reported business insider.
“This company is like you’re in an airplane flying to the ground at high speed with burning engines and non-working control sensors,” the businessman said.
Speaking to colleagues at the company, Musk also acknowledged that his actions “can sometimes seem wrong and weird”. “Because we have an emergency alert. Not because I am capricious by nature,” the billionaire assured.
The Twitter head said the company is on track to a massive $3 billion debt in 2023. Thanks to layoffs and an increase in revenue from Twitter Blue subscriptions, Musk believes the social network will now close the next year without a loss.
It was previously reported that Elon Musk. actively seeking The new CEO for the social network. At the same time, the businessman began to call before creating a poll on whether to leave the post of head of Twitter.