{"id":149875,"date":"2022-11-10T13:22:38","date_gmt":"2022-11-10T19:22:38","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/11\/economic-picture-ahead-is-dire-elon-musk-tells-twitter-employees"},"modified":"2022-11-10T13:22:38","modified_gmt":"2022-11-10T19:22:38","slug":"economic-picture-ahead-is-dire-elon-musk-tells-twitter-employees","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/11\/economic-picture-ahead-is-dire-elon-musk-tells-twitter-employees","title":{"rendered":"\u2018Economic Picture Ahead Is Dire,\u2019 Elon Musk Tells Twitter Employees"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/economic-picture-ahead-is-dire-elon-musk-tells-twitter-employees2.jpg\"><\/a><\/p>\n<p>SAN FRANCISCO \u2014 Two weeks after closing a $44 billion deal to buy Twitter, <a class=\"\" href=\"https:\/\/www.nytimes.com\/2022\/05\/03\/technology\/elon-musk-twitter-plan.html\" title=\"\">Elon Musk<\/a> painted a bleak financial picture for the social media company and outlined a series of changes for employees in his first companywide emails to staff.<\/p>\n<p>In two emails sent to workers late on Wednesday, Mr. Musk said the economy was challenging. He added that he planned to end Twitter\u2019s remote work policy and wanted employees to renew their focus on generating revenue and fighting spam.<\/p>\n<p>\u201cSorry that this is my first email to the company, but there is no way to sugarcoat the message,\u201d Mr. Musk, 51, wrote in one email. \u201cThe economic picture ahead is dire.\u201d Twitter was too heavily dependent on advertising and vulnerable to pullbacks in brand spending, he added, and would need to bolster the revenue it gets from subscriptions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAN FRANCISCO \u2014 Two weeks after closing a $44 billion deal to buy Twitter, Elon Musk painted a bleak financial picture for the social media company and outlined a series of changes for employees in his first companywide emails to staff. In two emails sent to workers late on Wednesday, Mr. Musk said the economy [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,39,2019,45,31],"tags":[],"class_list":["post-149875","post","type-post","status-publish","format-standard","hentry","category-cybercrime-malcode","category-economics","category-elon-musk","category-finance","category-policy"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/149875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=149875"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/149875\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=149875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=149875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=149875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}