Re:Twitter to start layoffs -internal email
by afavour on Thursday November 03, 2022 @10:08PM
(#33460985)
The maths don't even begin to work out there.
He just made Twitter take on $13bn of debt to finance his purchase, the company will owe around $1bn a year in interest payments that it didn't used to. The layoffs announced today probably won't even cover that extra interest.
He just made Twitter take on $13bn of debt to finance his purchase, the company will owe around $1bn a year in interest payments that it didn't used to. The layoffs announced today probably won't even cover that extra interest.