Elon Musk Actively Searching For New Twitter CEO

According to the latest reports, Twitter’s current owner and CEO Elon Musk is searching for a replacement to fill in his shoes at the micro-blogging social media company. This comes after Musk posted a Twitter poll on Sunday afternoon, asking people if they thought he should continue leading the firm or resign from his position.

Elon Abides By Twitter Verdict

With over 17 million people casting their votes in the viral Twitter poll, the end results came in with a whopping 57.6% of voters agreeing that Musk should resign.

advertisement

Musk, who bought the company in October of this year for a jaw-dropping $44 billion, has previously declared that his role as CEO would be temporary. Musk had stated, “I expect to reduce my time at Twitter and find somebody else to run Twitter over time.” in a court in November.

Hunt For CEO Had Already Started

However, Musk later said in a tweet that he found no potential successor at the social media giant.

The 51-years-old billionaire businessman was further quoted as saying,

The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive

Although, many have raised questions about the legitimacy of Twitter polls which are often plagued with malicious bots and unauthentic accounts casting multiple shares of votes, Elon seems to be headfast on finding a new CEO.

Reports have also emerged that, Elon and his team were already on the hunt for a new CEO, even before the Twitter poll was posted.

Elon Musk’s Rocky Start At Twitter

Musk’s takeover of Twitter has been tumultuous; under his direction, there have been significant employee layoffs, an alleged increase in racist hate speech, advertisers boycotting Twitter or trimming down their ad budgets significantly, and also the infamous gamble of reinstating previously banned accounts.

Read More: Former U.S. President Donald Trump Unbanned On Twitter

And even more recently, women who lost their jobs at Twitter are suing billionaire Elon Musk in federal court alleging that the mass layoffs specifically targeted female employees.

Carolina Bernal Strifling and Willow Wren Turkal, both of whom had previously worked for the social media giant, brought the class action lawsuit on behalf of other female employees who were in a comparable position.

Read More: Elon Musk’s Twitter Sued For “Disproportionately” Firing Female Employees

Pratik has been a crypto evangelist since 2016 & been through almost all that crypto has to offer. Be it the ICO boom, bear markets of 2018, Bitcoin halving to till now – he has seen it all.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/elon-musk-actively-searching-for-new-twitter-ceo/