Friday 14 April 2023

Twitter expresses optimism when more advertisers come back

 


As most advertisers have returned, Twitter CEO Elon Musk stated today that things are "back to normal" for the social media platform. This is in accordance with Reuters' news report from April 13, 2023.

Following the withdrawal of numerous investors' Twitter advertising since Elon Musk formally purchased the social media business for $ 44 billion, Twitter is poised to resume making money.

Musk recently made a hint about the return of sponsors in a recent interview with the BBC on Twitter Space, which has received more than 3 million views (3M). changes in the cost of advertising, some of which may be "political". Most Twitter advertisers are returning, according to Musk.

One of the greatest layoffs for the social media firm, Twitter presently employs 1,500 people overall, down from 7,000 prior to Musk taking over the company. for Twitter's sturdiness.



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