Twitter loses nearly half advertising revenue since Elon Musk takeover

Twitter loses nearly half advertising revenue since Elon Musk takeover External link

Twitter has lost almost half of its advertising revenue since it was bought by Elon Musk for $44 billion (£33.6bn) last October, its owner has revealed. Mr Musk sacked about half of Twitter's 7,500 staff when he took over in 2022 in a effort to cut costs.

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