Elon Musk has directed Twitter’s teams to find up to $1 billion in annual infrastructure cost savings, raising concerns that Twitter could go down during high-traffic events such as the US midterm elections, Reuters reported.
The company hopes to save between $1.5 million and $3 million per day from servers and cloud services, according to a Slack message titled “Deep Cuts Plan.”
According to Reuters, Twitter is currently losing about $3 million daily “with all spending and revenue considered.”
According to the sources, the steep infrastructure cuts could put the Twitter website and app at risk of going down during critical events when users rush to Twitter to consume and share information, such as during times of crisis or significant political events.
According to one source, the social media platform is considering cutting extra server space that is kept to ensure Twitter can handle high traffic.
“(Musk) is willing to introduce that risk to meet these goals,” the source said.
The proposed cuts, according to the second source, are “delusional,” and the service can fail “in spectacular ways” when user traffic grows.