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Twitter to lose magic with blue tick fee, says ex exec

Unconfirmed reports suggest Mr Musk is considering firing thousands of staff.

Twitter was one of many companies “probably bigger than they need to be right now” thanks to a Silicon Valley mentality of attracting and retaining technology talent, Mr Borrman said.

“Tech moves in cycles that are radically different than oil and gas, automotive, other forms of manufacturing, so having that staff on hand can actually be very beneficial to you and accelerating your growth,” he said.

“Twitter was in a pretty good position going into 2022.

“I was really excited to see what that team was going to do going forward.

“It’s disappointing that they weren’t able to actually execute on what I think for was a pretty solid strategy.”(BBC)