Ad Revenue down at Twitter

Photo by: Twitter
Photo by: Twitter

(San Francisco, CA) -- More than 500 advertisers have reportedly stopped spending on Twitter since Elon Musk bought the company last year.

The tech newsletter Platformer reported Tuesday that the social media site's ad revenue is down about 40 percent from the same time last year.

Musk has had a rocky start since buying the company in October for 44-billion-dollars, laying off thousands of employees.