Musk Resigns as Twitter CEO
Twitter’s Engineering team will be in the focus area as Musk Resigns as Twitter CEO as soon as possible and he will start working on Engineering teams.
- Twitter’s owner will step down after finding a replacement
- Billionaire says he’ll still run the software, servers teams
Elon Musk confirmed he will step down as Twitter Inc.’s CEO once a replacement has been found, but he intends to maintain control over the company’s engineering teams.
Of Twitter’s 7,500 employees, Musk has presided over the termination or departure of about 5,000 people since taking the helm in October. As an owner, he has stated that he wants to focus on Twitter’s engineering, and after the departures, it’s unclear what will become of the company’s other functions, such as legal and finance.
A person with knowledge of the search claims that the billionaire executive started looking for a new CEO after failing to win a straw poll on the social media platform asking whether he should give up his position as the company’s CEO.
When he announced the survey, Musk promised to follow the results, but a day later he tweeted more than a dozen times without mentioning the results specifically.
