[ad_1]
The pinnacle of Tesla, Elon Musk, who has not too long ago purchased Twitter, considers lowering wages for workers in senior positions within the firm, stories Reuters.
He denounced to banks which agreed to finance his acquisition of Twitter that he needs to chop the salaries of the highest administration of the social community. The supply of the publication claims that Musk additionally discovered a brand new applicant for the publish of CEO of Twitter. Nevertheless, there aren’t any particulars concerning the nomination.
Musk has beforehand mentioned he plans to do away with Twitter’s board of administrators compensation, which might save about $3 million. As well as, the businessman plans to create further methods to monetize some messages on Twitter.
On April 25, the entrepreneur purchased Twitter for $44 billion. Morgan Stanley financial institution agreed to offer him with a $12.5 billion margin mortgage secured by Tesla shares. Musk additionally deliberate to pay $21 billion in private funds. On the identical time, the most important personal funding teams refused to provide cash to the billionaire to purchase out the social community.
[ad_2]
Source link