According to two people familiar with the situation and an internal Slack message examined, #Elon Musk has instructed Twitter Inc.’s teams to find up to $1 billion in annual infrastructure cost savings. This raises concerns that Twitter could go offline during high-traffic events like the U.S. midterm elections. According to the Slack thread, the corporation is looking to save between $1.5 million and $3 million per day on servers and cloud services. The project is known as the “Deep Cuts Plan.”
According to an internal memo accessed, Twitter is now losing around $3 million per day “with all expenses and revenue considered.” A request for comment from Twitter did not immediately receive a response.
In times of crisis or significant political events, when users are racing to Twitter to receive and share information, the sources added, the drastic infrastructure changes might put Twitter’s website and app at risk of falling down. According to a source, the social media platform is considering whether to reduce the extra server space that is preserved to make sure Twitter can handle excessive traffic.
The second source called the cuts “delusional,” noting that the site can crash “in dramatic ways” when user traffic picks up.
According to one of the individuals and the Slack post, teams all around Twitter are vying to propose a strategy to realize the cost reductions by a deadline of Nov. 7. According to the source, some staff has been told to come into the office every day of the week in order to fulfill the deadline.
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