Musk Orders Twitter to Cut Infrastructure Costs by $1 Billion - Sources

Nov 04,2022
KingData News: Elon Musk has directed Twitter Inc's teams to find up to $1 billion in annual infrastructure cost savings, according to two sources familiar with the matter and an internal Slack message reviewed by Reuters. The company is aiming to find between $1.5 million and $3 million a day in savings from servers and cloud services, said the Slack message. The steep infrastructure cuts could put the Twitter website and app at risk of going down during critical events when users are rushing to Twitter to consume and share information, such as during moments of crisis or major political events, the sources said.
This index provides an up-to-date account of Twitter acquisition proposed by Elon Musk.
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