. In what might be the biggest case of buyer's remorse known to mankind, it's been nothing but trouble ever since. From selling Tesla shares and taking a big hit on his net worth to having up to a million users leaving the app in protest, the Chief Twit has an uphill battle. But what changes have been announced so far and what can we expect for Twitter's future? The biggest changes Elon Musk has announced for Twitter, so far Never one to shy away from unpopular decisions or rocking the boat, Musk hasn't waited around to make his presence felt at the company. From staff layoffs to new subscription models, let's round up some changes to know about. Staff layoffs Within his first hours as Chief Twit, Musk began letting go of some of Twitter's top management. He fired top executives including CEO Parag Agrawal, CFO Ned Segal, legal affairs and policy chief Vijaya Gadde. The culling didn't stop there. Layoffs began and it was expected to hit around half of the company's workforce, or around 3,700 staff, according to internal plans reviewed by Reuters. Of course, Elon isn't the only tech mogul swinging the axe. Mark Zuckerburg, of Meta (Facebook, Instagram and WhatsApp) has recently revealed plans to reduce the global workforce by 13%. Ending remote working for employees In his first personal email to Twitter staff, Musk warned late on Wednesday (November 9) that staff should prepare for 'difficult times ahead,' as he also ended remote working unless he personally approved it. Musk said there was 'no way to sugarcoat the message' about the economic outlook and how it will affect a company dependent on ad spend, like Twitter. According to the email, as reported by Bloomberg News, the new rules will expect employees to be in the office for at least 40 hours per week. Charging for Twitter Twitter has always been){kind=link}
NEWS… BUT NOT AS YOU KNOW IT
Elon Musk finally completed his much-discussed buyout of Twitter in late October, purchasing the social media app for a staggering $44 billion (approx. £39.5 billion).
In what might be the biggest case of buyer’s remorse known to mankind, it’s been nothing but trouble ever since.
From selling Tesla shares and taking a big hit on his net worth to having up to a million users leaving the app in protest, the Chief Twit has an uphill battle.
But what changes have been announced so far and what can we expect for Twitter’s future?