Twitter employees have been tasked with finding $1 billion in annual infrastructure cost savings by new CEO and owner Elon MuskAn internal Slack message originally reported by Reuters (opens in new tab) saw workers at the social network told to save between $1. 5 million and $3 million per day from cost-cutting in areas such as servers and cloud hosting services, as part of a basket of measures called the ‘Deep Cuts Plan. ‘In addition, the Slack messages claimed Twitter is currently hemorrhaging about $3 million a day ‘with all spending and revenue considered’.
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