Thread regarding Twitter layoffs

I guess there will be more layoffs

Elon Musk says Twitter's cash flow still negative as ad revenue drops 50%

Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.

https://www.reuters.com/technology/elon-musk-says-twitters-cash-flow-still-negative-ad-revenue-drops-2023-07-15/

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| 731 views | | 1 reply (July 18, 2023) | Reply
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Uh, when was the last time twitters cash flow was positive? They spent years running on borrowed money. Well before elon took over.

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