Shulou(Shulou.com)11/24 Report--

CTOnews.com, Nov. 4 (Xinhua)-- Elon Musk took Twitter private for $44 billion (about 321.2 billion yuan) on Friday. After taking over Twitter, Musk quickly fired four executives, including the chief executive, the chief financial officer, the general counsel and the head of legal policy, trust and security.

A number of Twitter executives have left this week, including at least five top executives, followed by news that Mr Musk will cut 75 per cent, followed by news this week that he will cut 50 per cent (about 3700).

According to Reuters, two people familiar with the matter and Twitter's internal Slack sources, Elon Musk (Elon Musk) has instructed the Twitter team to seek to save more than $1 billion a year in infrastructure costs by cutting cloud services and additional server space.

According to Slack, the company's goal is to save $3 million a day on infrastructure.

Sources point out that such sharp cuts could put Twitter sites and apps at risk of paralysis at times of heavy traffic, such as the upcoming US mid-term elections.

As of CTOnews.com 's release, Twitter has yet to respond.

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