How Elon Musk dismantled Twitter

By Cutacut Editorial Team

KARACHI: Elon Musk might have taken over the reigns of Twitter in late October, but he’s hard at work undoing quite a lot. The bid for the social media site began in April for $4.4 billion and Musk claimed he he wanted to turn Twitter into a private company and allow people to speak more freely on the service. Now that he has taken over, there has been a systematic dismantling of the site. From being able to pay for verification, to major layoffs, to accounts disappearing, here is all that has happened since Elon Musk bought Twitter.

The layoffs

One of the very first things Elon Musk did when he became the owner of Twitter was to fire top executives. Within hours of the deal being closed, the controversial billionaire laid off CEO Parag Agrawal, CFO Ned Segal, and head of legal policy, trust, and safety Vijaya Gadde.

And that was just the beginning. The week after Musk continued his firing spree including Twitter’s Ad Chief, General Manager of Core Tech, and Chief Marketing Officer Leslie Berland. An estimated 50% of the staff has been laid off for what Musk explained was a result of, “pretty serious revenue challenges and cost challenges.”

In the meantime, Musk hired more than 50 Tesla engineers to work for Twitter and also established his circle of advisors.

$8 for verification

There was once a time when the blue tick next to a Twitter handle would be a milestone to achieve. Celebrities, politicians and journalists would have the revered mark to establish that it was actually them and not anyone else pretending to be them. But not anymore.

Now, users can buy the verification mark for just $8. Many Twitter users fear that the social platform that public agencies, election boards, police departments and news outlets use to keep people reliably informed could become lawless if content moderation and verification are commercialized. Funnily enough, actor Kathy Griffin was banned from Twitter for changing her name to Elon Musk with the verification tick next to her name and began Tweeting as though she was him.

Gigi Hadid quits the platform

Following Elon Musk becoming the owner of Twitter, model Gigi Hadid announced that she was leaving the social media platform. She shared the reason for her departure on Instagram and explained, “For a long time, but especially with its new leadership it’s becoming more and more of a cesspool of hate & bigotry, and it’s not a place I want to be a part of.”

She explained that she no longer feels like it is a safe place for anyone. Interestingly enough, Musk has been vocal about allowing the right wing to speak more freely. He was in favor of lifting the ban on former President Donald Trump’s account. And within 12 hours of his arrival as owner, there was a 500% increase in use of the N-word on Twitter, according to a study from the Network Contagion Research Institute.

Amber Heard’s account disappears

Gigi Hadid is not the only celebrity to go off from the platform, although many are curious whether Elon Musk’s ex Amber Heard left willingly or if she was banned.

And to think that it has only been 12 days since Elon Musk took over!

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