You are here: Home » International » News » Companies
Business Standard

Elon Musk tells Twitter employees headcount will be rationalised

At a virtual meeting, he told Twitter staff he wants to raise the service's user numbers to at least a billion people and said advertising would remain important for the company

Topics
Elon Musk | Twitter | employees

Reuters 

Elon Musk. Photo: Bloomberg
Elon Musk. Photo: Bloomberg

addressed for the first time on Thursday, projecting a need for "rationalisation of headcount" but offering few other new details about his $44 billion takeover of the social media company.

Musk appeared via video call 10 minutes late to what turned out to be a freewheeling question and answer session moderated by a executive, in which Musk mused about the existence of aliens and other space civilizations and his view that should help "civilization and consciousness."

He told Twitter staff he wants to raise the service's user numbers to at least a billion people and said advertising would remain important for the company, despite previously saying he believes Twitter should not serve ads, according to audio of the meeting heard by Reuters.

"I think advertising is very important for Twitter," Musk said. "I'm not against advertising. I would probably talk to the advertisers and say, like, 'hey, let's just make sure the ads are as entertaining as possible.'"

Twitter took to an internal Slack channel in droves during the session, posting memes and complaining that Musk was not providing useful answers on his vision for the business and employee compensation.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, June 16 2022. 23:21 IST
RECOMMENDED FOR YOU
.