What Changes is Elon Musk Making at Twitter?

Musk Faces a Tirade of Criticism After Becoming Twitter’s CEO!

After gaining ownership of Twitter, Musk has been on the receiving end of a ton of backlash. His unpredictable approach isn’t sitting well with users, including both celebrities and the average public. 

With axing nearly half of Twitter’s workforce, charging verified users, and suggesting to bring back banned accounts *ahem* Donald Trump *ahem*, Musk is on the fast road to becoming a tad bit unpopular with many people. And you’re in for a shocker when you learn about who some of these people might be. 

Wait for it…

US President Joe Biden.

Yes, you read that correctly. Even President Biden has raised concerns about Elon Musk’s takeover. He stated that the billionaire is fetching up lies all over the world. President Biden further questioned how we could expect children to understand what is at stake. 

The President’s statements seem fair, considering that Twitter has been sacking employees left, right, and center. Some reports even say that Musk plans to lay off 50% of the company’s workforce. 

According to Musk, Twitter was losing more than $4 million daily. So, he had “no choice” but to cut down the company’s workforce, especially since they were only incurring him more losses rather than minting money.

Musk’s employee-sacking tactics weren’t just limited to Twitter’s average staff. Instead, it extended to the company’s C-suite executives. 

These included the chief executive, Parag Agrawal, the chief financial officer, Ned Segal, and the head of legal, policy and trust, Vijaya Gadde. Musk even dissolved the board, including the chair, Bret Taylor, making him the sole director of Twitter.

Firing these executives doesn’t mean that Musk does not have the help he needs. His team of associates, including his personal attorney, Alex Spiro, and his tech investors Jason Calacanis and David Sacks, are currently helping him keep Twitter afloat.

Current Talk of The Town

Now, onto the current talk of the town — the $8 fee for verified accounts. You might not have heard of a social media platform that charges its users. But that might change soon, thanks to Elon Musk and his latest Twitter strategies.

He called Twitter’s current system the “lords & peasants system,” suggesting that those with blue ticks are lords while the rest are peasants. Ironically, this is the same Musk who championed free speech. Congresswoman Alexandria Ocasio-Cortez, aka AOC, tweeted that Musk was trying to “sell free speech.” And we can’t help but agree with her. 

More than 230 million people tweet daily, and about 420,000 of them have a tick next to their name. One can only imagine how much revenue Twitter will gain through that. So, is Musk really giving power to the people or power to himself?

It’s also important to note the number of people leaving Twitter. Musk took over Twitter at a time when the company wasn’t doing well. Some might even have considered his unique thought process to be Twitter’s savior. But, Musk has only made things worse.

Featured Image: DW

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