Elon Musk in an interview with the BBC on Tuesday said he only bought Twitter because he had to and that owning the social media platform has been 'painful', but a 'roller-coaster' nonetheless. Elon Musk, the CEO of Tesla and SpaceX, reflected on the challenges he has faced after acquiring the company in October.
Advertising in the company had taken a hit since Musk took over, but, now the company is 'roughly breaking even' as most of the company's advertisers have returned.
Musk, who has been making several changes including letting go of staff and increasing work hours, said that the company now has about 1,500 employees, a sharp decline from around 7,000 workers before he took over.
According to a Reuters report, there's been a mass exodus, largely of engineers responsible for fixing and preventing service outages-- there's been concern over the stability of the micro-blogging site since Musk took over.
Musk maintains that he remains committed to improving Twitter and maximising its potential as a social media platform. He also maintained that while no system is perfect, he is also committed to keeping Twitter as truthful as possible.