Elon Musk, Twitter's new CEO, may start charging users up to $20 a month as part of the changes he makes.
According to reports, Mr Musk is thinking of adding verification to Twitter Blue and raising the cost of the subscription service. This might entail asking consumers to pay a $20 monthly fee to keep their blue tick badge.
According to The Verge, there are also plans to raise the monthly cost of the Twitter Blue subscription from $4.99 to $19.99. According to the article, staff members were given a deadline and told to do the assignment immediately or be fired.
“Employees working on the project were told on Sunday that they need to meet a deadline of November 7th to launch the feature or they will be fired,” the Verge said.
Twitter currently grants verified status to notable accounts from a “prominently recognised individual or brand” to fight disinformation and impersonation.
On Sunday, Mr Musk tweeted, “The whole verification process is being revamped right now.”
Former CEO Parag Agrawal and several other top executives, including Ned Segal, Vijaya Gadde, and Sean Edgett, were fired on Thursday.
Mr Musk had told prospective investors that as part of his deal to buy Twitter, he would get rid of nearly 75 per cent of the company’s 7,500 workers.