Odaily Planet Daily News X Corp. (formerly Twitter) CEO Linda Yaccarino said that she has "full autonomy" to run the company under the leadership of boss Elon Musk. Under her leadership, advertisers should be able to return to Twitter with confidence. to this platform.
Yaccarino also said that X Corp. is close to achieving breakeven; and compared to a year ago, the X platform is healthier and safer. Yaccarino added that the job cuts were "necessary to reduce costs". X Corp. currently has about 1,500 employees, Yaccarino said. Before Musk's acquisition, the company had about 8,000 employees.
Additionally, Yaccarino has been relatively dismissive of the threat posed by Meta's Threads, and engagement has declined since its launch. (CNBC)