What Is Elon Musk’s “Deep Cut Plan” For Twitter?
Elon Musk has asked Twitter Inc’s teams to explore options for annual infrastructure cost savings of up to $1 billion and has given Nov 7 deadline to present a plan. But the teams fear that this move could make Twitter unable to handle high-traffic events like the U.S. midterm elections.
• Elon Musk could save up to $3 million a day from servers and cloud services
• But the steep infrastructure cut will compromise the services during critical events
• Musk has asked Twitter teams to work hard to meet Nov 7 deadline to present a cost-cutting plan
What Is The Present Infrastructural Cost Of Twitter?
According to an internal document, Twitter’s daily expense is about $3 million a day “with all spending and revenue considered”. But the company wants to go for a “Deep Cut Plan” to save as much as it can. It is estimated that the social media company can save between $1.5 million and $3 million by cutting down on its servers and cloud services.
What Is Twitter’s Deep Cut Plan?
The social media platform has extra server space to ensure that it can easily accommodate high traffic which is when people rush to Twitter to share and consume information. It happens in crisis times or major political events. Insiders say that Musk is willing to introduce that risk to meet those goals. Elon Musk can even reduce spending on Google Cloud services to fulfill the goals. But Google didn’t comment on this matter.
Twitter teams are working round the clock to meet the Nov 7 deadline set to present a “Deep Cut Plan”. Musk has even ordered some of the officials to work every day to meet the deadline.