UNITED STATES: After mass layoffs and Elon Musk's ownership of Twitter entered its third week, the billionaire revealed an uncertain financial future for the social media site amid the departure of top privacy and security executives.

The most recent employee to leave the company is reportedly Yoel Roth, head of security and integrity, who was tasked with publicly addressing concerns that advertisers and users had about the platform.

According to multiple reports, the departures began on the same day Elon Musk addressed employees for the first time and declared that "there is no question of bankruptcy."

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The Federal Trade Commission issued the warning after the resignation of three top security officials: Chief Information Security Officer Lee Kissner, Chief Privacy Officer Damian Kieran, and Chief Compliance Officer Marianne Fogarty (FTC).

Twitter and the FTC reached a settlement over privacy issues in May. Roth and Twitter's head of client solutions, Robin Wheeler, left the company following his departure.

Musk didn't do much to encourage confidence in the company's future in either the email to employees or the subsequent staff meeting. In an email, Musk detailed the company's dire financial situation and emphasized how important he thought Twitter Blue, a subscription service, was to the company's future.

Musk wrote in the email that "there is a good chance that Twitter will not survive the upcoming economic downturn without significant subscription revenue." "We need membership to make up about half of our revenue."

At the staff meeting, one employee also noted that Musk seemed to downplay concerns about how a small Twitter workforce was meeting its obligations to uphold privacy and data protection standards.

Musk's memo and staff meeting echoed a livestreamed conversation he had on Wednesday, during which he sought to address the concerns of key advertisers and finalize the $44 billion acquisition of the platform and its top executives. offered his most detailed public assessment of Twitter's future since the removal.

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The issues that have plagued the social media platform since Musk bought it are made worse by the departure. Musk's acquisition and confused back-and-forth about product launches and content moderation policies have resulted in several brands including General Mills pausing their Twitter ad buying.

The billionaire attempted to address this development in a live stream for advertisers. Roth and Wheeler, the team in charge of the live streams, have now both left the organization.

Color of Change CEO Rashad Robinson tweeted, "So the two people Elon brought on to talk with advertisers in an effort to persuade them to partner with the company quit."

Companies that continue to use Twitter at this time will be held responsible for these risky and irrational policy changes. The company's subscription service Twitter Blue, which went live on Wednesday and offers users the option to purchase a Verified Blue Checkmark for $8, has already verified a number of accounts impersonating well-known brands or public figures. Were staying

Some civil rights organizations are concerned that, if they haven't already, the spread of hate speech and misinformation could result from unclear content moderation policies and the unrestricted ability to purchase blue checkmarks. He has urged more companies to stop advertising on their platforms.

NAACP President Derrick Johnson declared, "I've never seen a billionaire beg so much for your $8." It's clear that our efforts to encourage businesses to pause all Twitter ads are paying off. Twitter is one of those companies that should be held accountable. There is no place for propaganda and indecent language.

Under the terms of the company's settlement with the FTC, Twitter is required to conduct a privacy review before making any changes to its products.

However, the author claims that he heard the company's legal head, Alex Spiro, "say that Elon is willing to take enormous amounts of risk with respect to this company and its users, because 'Elon puts rockets into space, He's not, according to a letter posted to Slack by a lawyer on the company's privacy team and reported by The Verge.

According to The Verge, the company's legal department is now urging engineers to "self-certify" that their features comply with FTC regulations and privacy standards.

The lawyer advised people to use whistleblower protections "if you feel uncomfortable about anything you are being asked to do," according to the letter.

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Twitter was contacted for comment, but it is unlikely anyone will get back to us as the communications department has been furloughed.