According to slides from a corporate presentation that Twitter owner Elon Musk released, the social network is hiring after making significant employee cuts as part of a cost-cutting campaign ever since the billionaire gained control of it. We’re recruiting” was the only information on the opening slide. Musk undertook a drastic restructure that first reduced the company’s headcount in half, though he didn’t mention it when he gave the address.
Hate speech impressions on the social network are lower and reported impersonations have fallen, according to the slides that cited data with mid-November dates.
New user signups are at an all-time high, averaging more than two million a day for the seven days to November 16, the slides also showed. In a follow-up tweet, Musk said he sees a path to Twitter having more than one billion monthly users in 12 to 18. Musk said Twitter will relaunch its paid Verified services on Friday after a series of delays and mishaps over fake accounts. Twitter Verified is his attempt to distinguish between different classes of users and increase revenue.