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Twitter sees nearly 60 percent drop in advertisement revenue

Some sales executives are reportedly concerned that a recent surge in hate speech on the app is scaring away advertisers.
Musk Twitter
Posted at 10:21 AM, Jun 06, 2023
and last updated 2023-06-06 15:52:13-04

(KERO) — Twitter is seeing a drop in advertisement revenue.

According to the New York Times, ad sales on Twitter were down from early April to early May, plunging nearly 60 percent from a year earlier. The company has reportedly fallen short of its weekly projections several times.

Some sales executives are reportedly concerned that a recent surge in hate speech on the app is scaring away advertisers.