According to one of the individuals and the Slack post, teams across Twitter are rushing to propose a strategy to accomplish the cost savings by a deadline of November 7.

Elon Musk has reportedly given Twitter Inc. teams instructions to find up to $1 billion in yearly infrastructure cost savings, according to two individuals familiar with the matter and an internal Slack message viewed by Reuters. This prompts worries that Twitter might go down during busy times, such as the American midterm elections.

The corporation wants to spend less on servers and cloud services every day, according to a Slack message, by saving between $1.5 million and $3 million. 

According to an internal memo accessed by Reuters, Twitter is now losing around $3 million per day 'with all expenses and revenue considered.' A request for comment from Twitter did not immediately receive a response.

According to the sources, the substantial infrastructure upgrades may put Twitter's website and app at risk of collapsing during times of crisis or important political events when users are rushing to Twitter to receive and share information.

According to a source, the social media platform is considering whether to reduce the extra server space that is preserved to make sure Twitter can handle excessive traffic.

Teams all around Twitter are competing to offer a plan to achieve the cost savings by a deadline of November 7, according to one of the sources and the Slack thread. The source claims that certain employees have been instructed to report to work every day of the week in order to meet the deadline.

Reduced expenditures on Google Cloud services may also result in cost savings, according to the source. A Google Cloud representative declined to comment. According to a source, the social media platform is considering whether to reduce the extra server space that is preserved to make sure Twitter can handle excessive traffic. 

The second source referred to the cuts as 'delusional,' stressing that when user traffic increases, the site might crash 'in catastrophic ways.'