Musk orders Twitter to cut infrastructure costs by $1 billion -sources

By Sheila Dang, Paresh Dave and Katie Paul

– Elon Musk has directed Twitter Inc’s groups to search out over $1 billion in annual infrastructure price financial savings by reducing cloud companies and additional server house, in keeping with two sources acquainted with the matter and an inner Slack message seen by Reuters.

The corporate is aiming to search out as much as $3 million per day in infrastructure financial savings, the Slack message mentioned.

Such steep cuts might put the Twitter web site and app prone to taking place throughout high-traffic moments, such because the upcoming U.S. midterm election, the supply mentioned.

Twitter didn't instantly reply to request for remark.

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