Elon Musk Says Twitter’s Bankruptcy Is ‘Unthinkable’

Elon Musk told Twitter employees that company bankruptcy is not out of the question. The news is provided by the CEO of the Platformer Technology Newsletter. “Elon Musk just told Twitter employees that he’s unsure of the company’s financial strength and that ‘insolvency is out of the question”,” Zoe Schaffer wrote on the social network.

Fabulous. Elon Musk just told Twitter employees that he’s not sure of the company’s turnover and “bankruptcy is out of the question.”

– ZoeSchiffer (@ZoeSchiffer) November 10, 2022

Musk’s remarks will be made during a meeting that, according to Schaefer, was reported to employees an hour early and attended 15 minutes late.

Just on Thursday, the billionaire notified workers about the end of remote work, and the topic was taken up during the meeting now taking place. According to the Platformer CEO, Musk will have warned employees that if they don’t show up to the office, they can consider an “acceptable resignation.”

The person in charge of the technology newsletter also said that the person responsible for Twitter’s security is leaving the company. “Several sources have confirmed that Yoel Roth is leaving the company,” he wrote.

Elon Musk’s takeover of Twitter became official on October 28, and the first action was to fire senior executives, such as CEO, Parag Agrawal, and 50% of the social network’s workforce, and since then some of these people have been called back.