 November 10, 2022 In the same email, he ended working from home and ordered all Twitter staff back to the office for 40 hours a week. Thursday also saw many of Twitter's top executives leave the company, including Yoel Roth, who has overseen Twitter's response to combat hate speech, misinformation and spam. Roth's Twitter profile says he's the company's 'Former Head of Trust & Safety'. Earlier on Thursday, Twitter's Chief Information Security Officer Lea Kissner tweeted that she had quit. Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty also resigned, according to an internal message posted to Twitter's Slack messaging system on Thursday by an attorney on its privacy team and seen by Reuters. Musk has said the company was losing more than $4 million a day, largely because advertisers started fleeing once he took over. Twitter is $13 billion in debt after Musk's takeover deal and faces interest payments totalling close to $1.2 billion in the next 12 months.){kind=link}
NEWS… BUT NOT AS YOU KNOW IT
Two weeks into buying Twitter for $44 billion, Elon Musk might be learning that running a social media company is slightly more complicated than rocket science.
On Thursday, the SpaceX CEO and new owner of Twitter hinted at the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a US privacy regulator and the exit of the company’s top leadership.
In his first call with the employees that remained after this week’s layoffs, the billionaire said that he could not rule out bankruptcy.
As Musk grapples with possible ways to make money from Twitter, credit experts say the company’s finances are in a precarious position.