Twitter Plans to Slash $1 Billion in Annual Infrastructure Costs

Twitter is looking to slash $1 billion in annual infrastructure costs, according to two sources familiar with the matter. This could potentially put the website and app at risk of going down during critical events when users are rushing to Twitter to consume and share information.

The news comes as Twitter is currently losing about $3 million a day. CEO Elon Musk has ordered teams to find between $1.5 million and $3 million a day in savings from servers and cloud services.

This could be a major problem for Twitter, especially during high-traffic events like the U.S. midterm elections. The potential for Twitter to go down during these types of events could lead to major disruptions and chaos.

Twitter is definitely feeling the pressure to cut costs and this latest move shows just how far they’re willing to go. It will be interesting to see how this plays out in the coming months. is a digital lifestyle publication that covers the culture of startups and technology companies in Los Angeles. It is the go-to site for people who want to keep up with what matters in Los Angeles’ tech and startups from those who know the city best.

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