The billionaire says he will step down after he finds “someone foolish enough to take the job”.
Elon Musk has confirmed he will step down as chief executive of Twitter when he finds a successor, though he plans to retain control over the company’s engineering teams.
Since taking over in October, Musk has overseen the firings or departures of roughly 5000 of Twitter’s 7500 employees. He has said he plans to emphasise Twitter’s engineering as owner, and it’s hard to tell what’s left of other operations, such as legal and finance, some of which have been gutted.
Wall Street calls for Musk to step down had been growing for weeks and recently even Tesla bulls have questioned his focus on the social media platform and whether that is distracting him from properly steering the electric vehicle business, where he is central to product design and engineering.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk polls Twitter users over stepping down as CEO – business liveElon Musk says he will honour the results of a Twitter poll asking whether the should resign as head of the social media platform
Read more »
Twitter users vote for Musk to step down as CEOTwitter users vote in favour of Elon Musk stepping down as head of the company in a poll which attracted more than 17 million responses.
Read more »
Elon Musk launches poll on whether he should quit as Twitter CEOBillionaire Twitter owner Elon Musk launched a poll on the social media platform on Monday, asking whether he should step down as head of the company, adding that he would abide by the poll results.
Read more »
Elon Musk launches poll on whether he should quit as Twitter CEOBillionaire Twitter owner Elon Musk launched a poll on the social media platform asking whether he should step down as head of the company, adding that he would abide by the poll results.
Read more »
Elon Musk may step down as Twitter CEOTwitter CEO Elon Musk could be stepping down as boss of the social media company. The results of a Twitter poll created by Mr Musk show 57 per cent of respondents voting in favour of the CEO stepping down.
Read more »
Musk is looking for a new Twitter CEO after losing pollElon Musk is looking for a new chief executive officer for Twitter, according to a person familiar with the search, after the billionaire lost a straw poll he posted on the social media site.
Read more »