Twitter s revenue and adjusted earnings in December 2022 decreased by about 40% compared to December 2021 after advertisers refused to work with the social network, US media reported on Saturday, citing sources.
being so dependent on as right now. i think 90% of twitters revenue comes from adds. he was more of that to come from subscriptions, so physically for people to be paid to be verified on twitter. the rollout of that was completely disastrous which we can get into. but the other big threat is just all of a layoff that are happening which you touched on earlier. he laid off have a company, a week ago maybe 80% of the percent of the contract workforce. maybe 20 engineers last night saying critical thanks about elon musk, on slack and on twitter. okay, but it s a point with a company be so thinly staffed they cannot operate? right, at nbc, if none of the crew, none of the camera operators, if none of the producers showed up to work, we wouldn t do this! yeah, i mean i think what we are going to say is that more and more bucks will pop up on twitter. that s what happens with a tech company. but typically you have on static or fixed and pretty quickly before something disastrous happens.
ways that critics have been warning about. that the racist, white supremacists, the extremists, they have felt in bold and, just merely by must takeover of twitter. basically, twitter hasn t change anything except its owner. and that was enough to allow these trolls to feel like it s okay to come out and say these disgusting things. it tells you all you need to know about how musk s messaging, his signaling, has been received. how it has been heard. it s interesting also, and critical to see what twitter advertisers to in the coming weeks. advertising makes up 90% of twitters revenue. if they sit by and watch as this site increasingly becomes a cesspool of racist, antisemites, hate invite size tweets. this will be on that this will be on that this will be on that this will be on that this will be on that this will be on that this will be on that this will be on that this will be on that this will be on that this will be on that this will be on that this will be on that this will be on
supremacists, the extremists, they have felt in bold and, just merely by must takeover of twitter. basically, twitter hasn t change anything except its owner. and that was enough to allow these trolls to feel like it s okay to come out and say these disgusting things. it tells you all you need to know about how musk s messaging, his signaling, has been received. how it has been heard. it s interesting also, and critical to see what twitter advertisers to in the coming weeks. advertising makes up 90% of twitters revenue. if they sit by and watch as this site increasingly becomes a cesspool of racist, antisemites, hate invite size tweets. this will be on that e invite siz this will be on them just as much as it on elon musk. sadly, it s all in the advertisers. they re the only ones who can stop it from getting worse. absolutely.
if business is not a solid s twitter and said, that could be an issue for elon musk. the issue is the long wait is due diligence. he made a binding agreement to buy this company. his moves in the last few weeks have been seen by lot of people is a negotiating tactic. in part because the market is changing dramatically. when he made that offer, it was pretty aggressive at the time, but since then, as we head towards a possible recession, there are concerns about the advertising market. concerns about twitter s growth. concerns of a twitters revenue. he might just not want to pay 44 billion. why would a forced merger look like? is that something that could even happen? they take must to court enforcement by twitter? it could be messy. one of the things, yes twitter has this contract, yes it s binding, but enforcing it could be a lengthy battle in court. in some ways, elon has a lot of