Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful” but that the social media company is now roughly breaking even after he acquired it late last year.
He also revealed that he sometimes sleeps on a couch at Twitter's San Francisco office.in the wake of Musk's tumultuous acquisition have mostly returned, the billionaire said, without providing details.
Musk predicted that Twitter could become “cash flow positive” in the current quarter “if current trends continue.” Because Twitter is a private company, information about its finances can't be verified.as part of cost-cutting efforts. He said Twitter's workforce has been slashed to about 1,500 employees from about 8,000 previously, describing it as something that had to be done.
“It's not fun at all," Musk said. “The company's going to go bankrupt if we don't cut costs immediately. This is not a caring-uncaring situation. It’s like if the whole ship sinks, then nobody’s got a job.”“The pain level of Twitter has been extremely high. This hasn't been some sort of party," Musk said.
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