Twitter, Elon Musk will step down as CEO

As soon as he finds someone “crazy enough to take the job”

Elon Musk has confirmed he will step down as CEO of Twitter as soon as he finds someone “crazy enough to take the job”. More than 57 percent of users who voted in a poll Musk posted on Twitter Sunday night said he should step down — a result he said he wanted to respect.

Musk later questioned the outcome, but confirmed in a Wednesday morning tweet that he would step down as head of the social media platform once a successor was found. Musk wrote, “I’ll step down as CEO as soon as I find someone foolish enough to take the job! After that, I’ll just run the software and server teams.”The Tesla and SpaceX boss took over Twitter just two months ago, but his tenure has been turbulent.

He oversaw the firing of more than half of the company’s global workforce, the easing of content moderation, and the reintroduction of previously banned accounts, which some groups say has caused a surge in hateful and abusive content on the site.

Musk’s reign has also been marked by a faltering launch of the Twitter Blue subscription service and the halting of advertiser spending over fears related to his “absolute free speech” approach. The Twitter saga has started to affect the company’s other businesses: Tesla’s stock prices fell after the takeover of the social network, as the disputes eroded trust in Musk and his management style.



Source-www.adnkronos.com