Twitter has had a huge drop in revenue.
Advertisers have cut off the use of using twitter as a marketing platform. There is lay off that could be happening in the near future of employees being laid off.
The owner Elon Musk has the belief that activists groups are taking charge and pressuring advertisers to not use the twitter platform. Elon Musk said, “the company hadn’t changed content moderation and had tried to address activists’ concerns.”
What catches my eye is that Elon Musk had recently bought twitter for what we know for billions. The story has made is seem that the revenue drop has caused not much gain for Elon Musk. I wonder if the revenue drop will continue and what will happen to the platform of twitter? I hope for anything not to happen to twitter as I think it is a great platform.
Advertisers may leave if the content becomes so toxic they don’t want their brands to be affected. It may all be temporary, but if Musk doesn’t manage content in some way I don’t see how he makes money.