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That doesn't sound accurate. Considering all the lay-offs and other cost cuts it should have gone from very unprofitable to unprofitable.
by cinntaile 4y ago
That doesn't sound accurate. Considering all the lay-offs and other cost cuts it should have gone from very unprofitable to unprofitable.
- Waterluvian 4y agoOver half their advertisers have yet to return. Might be why Elon is personally promoting ads.
- dmix 4y agoSource? Edit: 625 out of 1000 top companies advertising in sept weren't advertising in first weeks of Jan. https://www.cnn.com/2023/02/10/tech/twitter-top-advertiser-decline/index.html https://www.cnn.com/2023/02/10/tech/twitter-top-advertiser-d...
- pessimizer 4y agoThat doesn't have anything to do with verification badges, that has to do with the anti-Musk fandom lobbying his advertisers.
- CaptainZapp 4y agoIt probably has more to do that reputed brands don't want to be associated with the cesspool that Mr. Musk allowed back onto the platform Threatening your customers[0] in the process is probably also not a winning formula. [0] https://www.businessinsider.com/elon-musk-name-shame-advertisers-who-pull-budget-2022-11?r=US&IR=T https://www.businessinsider.com/elon-musk-name-shame-adverti...
- kerpotgh 4y agoAdvertisers trying to reach the most number of people don’t want to associate with toxic discourse that disparages a lot of the populace. It’s about as free market as it gets.
- jackson1442 4y agoThey’re also saddled with billions in interest payments on Elon’s debt now, so markedly worse off than before.
- WA 4y agoThey replaced their bill for a somewhat productive workforce with a bigger, completely unproductive interest bill. So no, Twitter didn’t become less unprofitable.