Despite the initial disruption and uncertainty generated by the abrupt job cutbacks and ultimatum, it seems that Twitter is still operational and has been unaffected by the loss of over 5,000 people. However, it remains to be seen how the platform will do in the long run under Musk’s leadership, especially given the platform’s persistent issues over content control.
In the IT industry, there is a clear trend of austerity and job cutbacks. This may be ascribed to persistent economic uncertainties, shifting market circumstances, and growing rivalry among technology businesses. It remains to be seen how this trend will continue and how it will affect the industry as a whole in the future year.
Twitter, on the other hand, is clearly experiencing significant changes under Musk’s leadership. The billionaire has said that the firm would begin employing in 2023, however, it is unclear what positions and talents will be available. This is likely to result in some changes for the corporation, but it is unknown how these changes will affect the company and its consumers in the long term.
Overall, Musk’s purchase of Twitter seems to be a work in progress, with the actual effect of his leadership and employment layoffs still to be seen. The internet industry is in change, and it will be fascinating to observe how Twitter and other digital businesses adapt and develop over the next year.
