Struggle to survive: Elon Musk’s first email to Twitter staff is a bleak warning
, said that bankruptcy was a possibility, according to a person familiar with the matter.
Musk also told staff on the call that the days of free food and other perks are over at Twitter’s offices, the person said.In discussing Twitter’s finances and future, Musk said the company needed to move with urgency to make its $US8 subscription product, Twitter Blue, something users will want to pay for given the pull back by advertisers impacting revenue.
Musk had previously expressed distaste for Twitter’s pandemic-era remote work policies that enabled team leaders to decide if employees had to show up in the office. On Wednesday, he ordered all employees to return to the office on Thursday.
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