REVEALED: Elon Musk plans to FIRE 1,000 Twitter staff, quintuple revenue, get 69 million users paying $3 a month and cut reliance on advertising income, presentation to investors shows
Elon Musk plans to quintuple Twitter's revenue to $26.4 billion by 2028
In a pitch deck Musk claimed he would increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year
Said he'd cut Twitter’s reliance on ads to less than 50% percent of revenue
Musk plans to boost Twitter’s user numbers with services such as Twitter Blue
Twitter Blue costs $3-a-month for users to customize their experience
Musk expects 69 million users to be using Twitter Blue by 2025
By James Gordon For Dailymail.com
Published: 21:56 EDT, 6 May 2022 | Updated: 00:52 EDT, 7 May 2022
Elon Musk is planning to fire 1,000 staffers at Twitter as soon as his purchase of the social media platform is complete.
It's believed he will fire many of the firm's woke staff following the transfer of ownership which will take around six months, after which Musk is likely to wield the ax.
But then within the next three years, Musk anticipates making thousands of new hires, swelling the ranks to around 11,000 employees, up from 7,500 currently.
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https://www.dailymail.co.uk/news/article-10791425/Elon-Musk-plans-fire-1-000-Twitter-staff-quintuple-revenue-69-million-users-paying-3-month.html
