Twitter Communications India, now X Corp, saw a 90% decline in net profit and revenue last financial year. This was after Elon Musk's takeover led to mass layoffs, including the ad sales team. Advertising revenue in India, a major income source, plummeted, reflecting broader global challenges under Musk's leadership.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.