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Internal email reveals when Twitter will make job cuts

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Twitter employees will soon know their fate, the social media platform will inform its staff on Friday about whether they will be laid off

Twitter says the cuts are “an effort to place Twitter on a healthy path” following the firm’s takeover by billionaire Elon Musk.

According to an internal email, twitter says it’s going through a difficult process of reducing its global workforce.

“We will go through the difficult process of reducing our global workforce on Friday,” Twitter said in the email.

The firm added that its offices would be temporarily closed and badge access would be suspended.

“to help ensure the safety of each employee as well as Twitter systems and customer data”.

This move was expected with revelations Musk is concerned he had overpaid for the company.

Elon Musk continues to make his mark on the tech giant, but has a huge task ahead of him

Tech expert Dan Ives joined TICKER earlier and says handing over billions of dollars was the easy part for Musk.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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