Elon Musk, head of Twitter, confirmed that the social platform is close to achieving positive cash flows, following taking a series of measures to fix its business.
Musk added that he expects Twitter to record a profit in the first quarter of 2023, following significant losses in the past months.
Musk indicated that he had cut regarding 80% of the number of employees at Twitter, from regarding 8,000 to just 1,500, to cut costs and increase efficiency.
