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Elon Musk’s plans for making money with Twitter reportedly include job cuts

As part of his campaign to raise money for Twitter, Elon Musk is apparently “floating” the idea of ​​a Twitter strike to improve the bottom line. according to a Bloomberg report. “While nothing was done – and Musk himself did not get a chance to access the non-public Twitter account at the time – he specifically mentioned a strike” during the banking talks, the report said.

There is still a lot of uncertainty about what Twitter will look like in Musk’s ownership, with the 44 44 billion deal announced on Monday expected to go as planned. So far, the best description of what he wants to do on the platform comes from his mouth press release:

Free speech is the prelude to a functioning democracy, and Twitter is the platform for the digital city where important issues for the future of humanity are discussed. I also want to make Twitter better than ever by promoting the product with new features, developing open source algorithms to increase trust, crack spam bots, and verify all human beings. Twitter has great potential – I look forward to working with the company and the user community to unlock it.

But possible reductions have not been widely discussed. Twitter did not immediately respond to a request for comment.

Given Musk’s numerous tweets about the opening of free speech on the site – including those critical of previous Twitter decisions that have drawn negative attention from staff – one area Musk may cut short is the political department of the company. Musk disbanded the PR department Teslaso that Twitter communication groups may also be under surveillance.

Banks, Musk may have discussed ways to improve the bottom line, but clearly, he has shown no interest in Twitter for the money. “This is not a way to make money,” Musk said at TED 2022 on April 14th. “My strong feeling is that having a highly publicized and widely publicized space is very important for the future of civilization. It does not matter to me financially.”