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"Technically" that is a $221M loss in 2021. In 2020 they lost $1.1 billion. 2018 and 2019 were the only profitable years in the 10 years prior to 2022 [0]. F
by xcv123 3y ago
"Technically" that is a $221M loss in 2021.
In 2020 they lost $1.1 billion.
2018 and 2019 were the only profitable years in the 10 years prior to 2022 [0].
From 2018 to 2021 they nearly doubled the number of employees from 3920 to 7500 [1]. Jack Dorsey regretted it and apologized for over-hiring [2].
[0] https://www.statista.com/statistics/274563/annual-net-income-of-twitter/ https://www.statista.com/statistics/274563/annual-net-income...
[1] https://www.statista.com/statistics/272140/employees-of-twitter/ https://www.statista.com/statistics/272140/employees-of-twit...
[2] https://www.theguardian.com/technology/2022/nov/05/twitter-elon-musk-jack-dorsey-apology https://www.theguardian.com/technology/2022/nov/05/twitter-e...