Elon Musk says Twitter no longer 'in the fast lane to bankruptcy'

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Elon Musk says Twitter no longer 'in the fast lane to bankruptcy'
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It isn't secure yet either.

. This update comes a little over a month after Musk told the then-employees at his newly acquired company that it was possible that the business would go under.This is possibly the first bit of positive news from the social media company after Musk's takeover, which ran like a saga since April and nearly ended in a courtroom drama. Musk blew the bankruptcy bugle within days of taking over the company and firing its top brass.

Reports also suggest that Musk reduced employee perks such as company lunches, costing as much as $400 a meal. These moves seemed to have given Musk the confidence that the company may be out of danger of bankruptcy in the immediate future.Twitter isn’t secure yet, just not in the fast lane to bankruptcy. Still much work to do.

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