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Elon Musk has sent his first email to Twitter’s staff, warning employees to prepare for “difficult times ahead” and putting an immediate end to remote work.
In the email reported by Bloomberg News, Musk warned that a weaker economic environment in the US would mean difficulties for Twitter. Analysts have been projecting slower growth in advertising spend in 2023, and, as a business where ads account for roughly 90 percent of revenue, Twitter will be strongly affected by this.
Musk said there was “no way to sugarcoat the message” about these challenges. He also reportedly told employees that they were expected to be in the office for a minimum of 40 hours…
Source: TheVerge
