Twitter was changed to a private company immediately Musk became the new owner thereafter there was a massive layoff this week, there has been a restructuring of the company with one aim in mind how do they generate a profit. The company seems to be desperate to brainstorm ideas as advertisers have pulled away from the micro-blogging website temporary.
Elon has earlier said that he laid off lots of ex-twitter employees because they lost $4 million per day as Twitter’s wage bill is around $1.6 Billion a year, he said users will now have to pay a fee if they wish to send direct messages to their favorite celebrities. This business model is intentionally taken to generate profit for the company that is currently losing money.
This feature amongst others will be noticed by all users when they update the app via apple store or play store.
