Elon Musk, head of Twitter, confirmed that the social platform is close to achieving positive cash flows, after 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, after significant losses in the past months.
Musk indicated that he had cut about 80% of the number of employees at Twitter, from about 8,000 to just 1,500, to cut costs and increase efficiency.
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