Elon Musk is all set to tighten his control over Twitter after announcing that ‘the bird is free’. The process has been initiated with Musk and his group of close associates preparing a list of top employees and other employees of the company. A series of meetings is being conducted by Musk with his most trusted associates, whose primary focus is laying off employees and revamping the structure of the company.
A new content moderation policy and new rules related to advertisers are also being made. Musk, apart from his close associates, has also called around 50 engineers, product leaders, and staff members from his other companies- Tesla, SpaceX, and The Boring Company. In the wake of these developments, the 7, 500 employees at Twitter are having the apprehensions of losing their jobs. Private group chats of the employees are witnessing long discussions regarding the same. Some people are calling Musk’s advisors, his ‘goons’.
In 8 out of the last 10 years, Twitter did not earn a profit, and Musk has taken a loan of rupees 1.07 lakh crores to buy the company, and therefore, it is important for Musk to earn a profit through Twitter, so that the annual instalment of rupees 8230 crores of the loan taken can be paid back. Two factors related to Twitter are the most crucial for Musk. First, making important changes in the mobile app, and second, to take Twitter to a better rank.
Apart from this, Musk’s advisors have given the responsibility of working on Twitter’s verification policy to some engineers, as the blue tick of verification will not be free for users anymore.