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If Twitter pulled the layoffs Musk did, without having taken on his debt, it would have posted profits that quarter.
by freejazz 4y ago
If Twitter pulled the layoffs Musk did, without having taken on his debt, it would have posted profits that quarter.
- jurassic 4y agoDoubtful. Ad revenue is wayyyyyy down due to the impersonation/brand safety crisis Elon triggered with his erratic product moves. Letting any jokester with $8 impersonate global brands erased hundreds of millions in revenue per quarter from Twitter's bottom line. The debt situation is just an additional financial mismanagement cherry on top.
- freejazz 4y agoPerhaps I wasn't clear, but this was before Elon bought it. Twitter easily could have posted profits that year if they did the firings he had ultimately done. I thought that temporality made it clear we are talking in a hypothetical but I guess I wasn't clear.