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In news of the absurd: CNBC reports Twitter now has around 1,300 employees, down from 7,500 in November, equivalent to a 80% cut. Hurray! as management can now claim that they've saved the company money. Management gets bonuses and shareholders get dividends. /s
@mcfate Creditors, shareholders will come for their share of whatever is left...if any.
Yet idiots addicted to outrage, misinformation, hate-speech, racism and violence continue to support #musk with their membership.
Blows my mind.
@Victor
They're literally burning four million dollars a day, and it's climbing. They've lost 500 major advertisers, and they're going to get sued to a grease spot by the EU in general and Germany in particular.
Don't even get into the ex-employee lawsuits, and the people he owes money to.
There are no "shareholders" any more, only El Mo.