The new CEO of "Twitter," Elon Musk, warned the company's employees of the "risk of bankruptcy" if he cannot generate greater revenues for the company, amid a wave of resignations from top staff at the site. Bloomberg reported, citing a source familiar with the discussions, that Musk issued warnings to employees regarding the company's situation and urged them to be prepared to work 80 hours a week. He also canceled many office perks, such as free meals, and prohibited remote work.
Warning of "Twitter" Bankruptcy
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