Insider Intelligence's Enberg on Meta, Twitter

The video discusses the challenges faced by Meta and Twitter in the advertising sector. Meta's ad revenue declined less than expected, but the company aims to return to growth by focusing on Facebook, Instagram, and Reels. Cost-cutting measures are also in place. The tech job market shows a divide, with tech companies cutting jobs while the broader economy remains strong. Macroeconomic factors like high interest rates pose risks to tech giants. Twitter faces trust issues with advertisers due to Elon Musk's trial, impacting its ad revenue.

In what ways have tech companies been adjusting their workforce in response to economic challenges?

What steps does Elon Musk need to take to regain advertiser trust for Twitter?