Twitter has laid off more than 90% of its India staff . Twitter will soon have the capability to add long-form text to tweets .
When Elon Musk stamps on the social media platform he bought for $44 billion, Twitter has cut half of its workforce and will begin charging $8 for the coveted blue verification tick.Since taking over a little over a week ago, the CEO of Tesla (TSLA.O), who will also serve as CEO of Twitter, has announced the following changes: Top management layoffsMusk sacked key executives, including CEO Parag Agrawal, CFO Ned Segal, and legal affairs and policy manager Vijaya Gadde LayoffsOn Friday, the company's CEO, who will take over.Bloomberg News announced on Monday that the company had laid off more than 90% of its India staff.On Sunday, Twitter announced that it was encouraging dozens of workers who lost their jobs to return for $8 per blue tick verification.
Advertisers take a pause A number of corporate advertisers have distanced themselves from Twitter, including General Motors (GM.N), Mondelez International (MDLZ.O), Pfizer Inc (PFE.N) and Ford (F.N).Musk claimed that the advertiser retreat has reduced the revenue for Twitter.He had earlier said he wanted the company to be the most known online advertising agency.Content Moderation CouncilMusk to establish a content moderation council with broad perspectives. According to a Verge survey, HomepageMusk updates requested that logged out users who are visiting Twitters site be redirected to the Explore page, which includes trending tweets and news stories.Vine rebirth On Twitter, Musk ran a poll asking people if he should bring back Vine.70% of the nearly 5 million participants said yes to the survey.According to Axios, he has instructed Twitter engineers to start work on a Vine reinstall, which could be finished by the year-end. Long-form text to tweetsMusk said Twitter will soon have the capability to add long-form text to tweets, as well as monetization for creators of all kinds of content.Search improvementsMusk said Twitter's in-app search will be improved.My search within Twitter reminds me of Infoseek in 98!Pronto, that would also be much more effective, he tweeted.