Twitter will go bankrupt! Elon Musk is haunted by the fear of executives leaving the company

First, Elon Musk took leave of many officers as soon as he took command, so now the big officers working in the company are resigning. Let us tell you that after the resignation of the officials, now Musk has expressed the possibility of Twitter going bankrupt.

Elon Musk has expressed the possibility of Twitter going bankrupt

Image Credit source: AP

Twitter the new boss Elon Musk Recently, microblogging site Twitter has expressed the possibility of bankruptcy. A lot has been going on in Twitter since the arrival of Elon Musk, first Musk showed the way out of many executives and now many senior executives from the company are also resigning. On the decision of senior executives to leave the company Elon Musk says that he cannot rule out the bankruptcy of the company.

Bloomberg News reported that Elon Musk told employees working at Twitter on a call that he could not rule out bankruptcy. Recall that two weeks ago, Elon Musk bought Twitter for $ 44 billion and now experts say that Twitter’s financial situation is in crisis.

These officers resigned

Yoel Roth and Robin Wheeler, the two executives who moderated the Twitter space chat with Elon Musk, told Routers a person associated with the matter had resigned from the company expressing concern over the things coming to light about the advertisers. Have given. At present, both the officers are silent on the matter of resigning, yes they have not given any answer.

Remind that before these two officers, Twitter Chief Security Officer Lea Kissner had also tweeted that she was resigning from the company.

The routers report also mentions that according to an internal message posted on Twitter’s Slack messaging system, it is learned that Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty have also resigned, taking the decision to leave Twitter. Is.

The Federal Trade Commission is concerned

The US Federal Trade Commission said it was concerned about Twitter after these three privacy and compliance officials stepped down. The decision of these executives to leave the company puts Twitter at risk of violating regulatory orders.

There may be a loss of billions next year

Recently, during his meeting with all Twitter employees, Musk has warned that the company may have a loss of billions of dollars next year.

Advertisers are not giving, so much loss is happening every day

After buying Twitter for $ 44 billion on October 27, Elon Musk, taking one big decision after another, showed the way out of the company from senior executives to other employees working in the company. Now Elon Musk says that as soon as I took over the command of the company, the advertisers thought it right to leave us instead of supporting, due to which there is a loss of $ 4 million every day.

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