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Musk Paints Bleak Picture, Ends Remote Work, in Email to Twitter Employees



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SAN FRANCISCO — Two weeks after closing a $44 billion deal to buy Twitter, Elon Musk sent emails to the employees of the social media company late on Wednesday, his first communications with them after mass layoffs and high-pressure drives to create new products.In two emails seen by The New York Times, Mr. Musk painted a bleak financial picture for Twitter and outlined changes at the company, including an end to its remote work policy and a renewed focus on generating revenue and fighting spam.“Sorry that this is my first email to the company, but there is no way to sugarcoat the message,” Mr. Musk, 51, wrote in one email. “The economic picture ahead is dire.” Twitter was too heavily dependent on advertising and vulnerable to pullbacks in brand spending, he added, and would need to bolster the revenue it gets from subscriptions.In another note to employees, he …

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