Only a few days after taking over as Twitter’s CEO, Elon Musk is apparently working on some significant improvements.
The Twitter Blue membership and even the verification procedure, which awards verified accounts with a “Blue tick,” are expected to undergo modifications.
According to reports, the Twitter Blue subscription will be connected to it, and Musk also has big price increases planned for the subscriptions.
The new Twitter Blue subscription will cost customers $19.99, according to a report by The Verge. Additionally, Twitter accounts that already have the verification will need to abide by this new system and pay for it.
According to the article, verified users will have a total of 90 days to switch to Twitter Blue before they lose their checkmark. Employees of Twitter have also been told to resign or move quickly with this new membership plan. According to the article, a deadline of November 7 has been set for the staff.
About Twitter Blue Subscription
Twitter Blue, a paid monthly opt-in subscription that grants exclusive access to premium services, was introduced last year. This, according to Twitter, will allow you to personalize your Twitter experience. In the US, Canada, Australia, and New Zealand, the subscription service is now available.
It will be interesting to see how Musk implements both a global rollout and a complete overhaul of the payment system. Twitter Blue can be bought in-app on iOS and Android in the regions that are eligible.
Elon Musk recently revealed screenshots from internal Twitter communications that proved the board of directors had misled to him before the transaction was finalized. The security chief mentions “fraudulent metrics” being shown in the screen grab. Bots, however, were not mentioned. According to Musk, he will share additional details in the coming days.
Elon Plans to Lay off Some Workers
Elon and his new team also intend to reduce Twitter’s headcount by 25%. According to one of the persons, the anticipated first round of layoffs will affect about 7,000 employees or about a quarter of the workforce. Nearly every department would be affected by layoffs, and in the near future, the person predicted that sales, product, engineering, legal, trust and safety will be particularly affected. According to papers seen by The Washington Post, some of Twitter’s top-paid workers after engineers work in sales, where several make over $300,000.
Context
Following several arduous months of talks and legal fighting, the billionaire Tesla owner, Elon Musk acquired Twitter for $44 billion last week. Musk put in a bid for the business in the spring and afterwards attempted to withdraw it. When Twitter filed a lawsuit to force him to close the deal, the businessman eventually consented and made a bid to purchase the firm at his initial offer price.