Chris DeMuth's State of the Markets October 2022 (with a large TWTR focus!)
Yet Another Value Podcast
Is Elon Twitter Going to Cut 75% of Twitter's Headcount?
Twitter is on pace to spend about $1.6 billion in research and development costs this year, says John Defterios. The reports are he's going to cut 75% of Twitter's headcount as part of a cost-cutting drive at the tech giant. "I think there are a lot of tech companies that if Elon's running Twitter with you know 25% of the employee base it's profitable," defterios said. 'When you have a good platform that's a profitable platform to just run it for value'
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