Twitter Could Be \u2018Cash-Flow Positive\u2019 Within Months<\/a>“<\/span><\/h1>\n“Elon Musk said Twitter Inc. has a shot at being cash-flow positive next quarter, and he is optimistic about the company\u2019s future after what he called a difficult past few months.<\/strong><\/p>\n\u201cI definitely don\u2019t want to count chickens before they hatch,\u201d he added Tuesday about his latest expectations for the company\u2019s financial situation.<\/strong><\/p>\nMr. Musk, who acquired Twitter and took over as its chief executive in October, said the company would have gone bankrupt in four months if he hadn\u2019t taken steps to rein in the company\u2019s expenditures. … He also said Twitter faces around $1.5 billion in yearly interest payments on debt borrowed when he took the company private.”<\/strong><\/p>\nThe article says Twitter went from 8,000 employees to less than 2,000.\u00a0 So he eliminated more that 75% of his employees and now it works better and cheaper than before.\u00a0 You’ve got to ask if most of those 6,000+ salaries were worse than useless.\u00a0 How many of them were making Twitter worse.<\/p>\n
I’m curious exactly how many were former intelligence agency employees whose real job was spying on the public.<\/p>\n
Well, however he did it I commend him for the start he’s made and his future steps to make the company profitable and useful to the general public. And now that I’m a dues paying blue check twit I say let’s get OCF the viral status it so richly deserves.<\/p>\n
Well done Elon.<\/p>\n","protected":false},"excerpt":{"rendered":"
Six months into his tenure as “head twit” Musk says: “Twitter Could Be \u2018Cash-Flow Positive\u2019 Within Months“ “Elon Musk said Twitter Inc. has a shot<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[2517,3927,466],"class_list":["post-22632","post","type-post","status-publish","format-standard","hentry","category-current-events","tag-elon-musk","tag-surveillance-state","tag-twitter"],"yoast_head":"\n
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