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Elon Musk slammed for bankruptcy warning for Twitter staff, trolls say 'the $8 ticket people got his back'

'No way I want to miss Musk's whining on his way to bankruptcy! I've got an $8 a month popcorn budget set aside for this!' said a user

SAN FRANCISCO, CALIFORNIA: Twitter owner Elon Musk, who purchased the company for $44 billion, warned employees on Thursday, November 10, of “difficult times ahead” and said that bankruptcy is a possibility. The latest update comes amid reports of the platform’s top officials resigning. Chief Information Security Officer Lea Kissner, Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty departed, raising concerns about the company’s ability to keep its platform secure and comply with regulatory rules. 

According to NY Post, the US Federal Trade Commission (FTC) said it was watching Twitter with "deep concern.” Douglas Farrar, the FTC’s director of public affairs, said, “We are tracking recent developments at Twitter with deep concern. No CEO or company is above the law, and companies must follow our consent decrees. Our revised consent order gives us new tools to ensure compliance, and we are prepared to use them." While Musk wrote to employees, "Sorry that this is my first email to the whole company, but there is no way to sugarcoat the message. Without significant subscription revenue, there is a good chance Twitter will not survive the upcoming economic downturn. We need roughly half of our revenue to be subscription,” reports Yahoo!

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Following the reports of bankruptcy, Twitter trolls bombared the platform. One wrote, "Elon Musk to Twitter employees: “Bankruptcy isn't out of the question.” That was fast." One more pointed, "This would be the biggest LOL ever." While another commented by saying, "Elon Musk told Twitter employees that "bankruptcy isn't out of the question." Good to see his finances finally matching his morality." One of many took a dig at him by saying that this was "almost as fast as a Tesla catches fire."

The troll continued with one describing, "Not many people could drive a multibillion dollar company to the brink of bankruptcy this quickly but I guess Elon is just built different." On the other hand, an individual wrote, "Don't worry. The $8 ticket people got his back." One said, "No way I want to miss Musk's whining on his way to bankruptcy! I've got an $8 a month popcorn budget set aside for this!"

While some said offered him a deal. "@jack Should buy Twitter when it’s sold off at bankruptcy auction by @elonmusk. I think $8 is a fair price, don’t you?" "@elonmusk said he’s floating bankruptcy for Twitter after a flood of bad business decisions led to an exodus of advertisers and executive resignations. I have an offer: I’ll buy @Twitter for $8/month. Seems like a good deal for all parties. #ElonMuskIsaGiantTurd," wrote one more user.

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