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Reports indicate that "X" (formerly Twitter) plans to cut approximately 4,000 jobs, accounting for about 24% of its workforce, by the end of 2026. This comes after the company's announcement of a cost-reduction plan aimed at improving financial performance, as it continues to explore ways to boost revenue through policy and advertising changes. Data also show a decline in the number of active users, with revenues reaching $171 billion in the first quarter of 2023, while operating costs amounted to $161 billion, highlighting the need to reduce expenses and improve financial governance more effectively.
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