News

Elon Musk to resign from Twitter, as soon as a replacement is found

Elon Musk might soon resign as the head of Twitter.

The enigmatic billionaire posted a poll on Twitter, asking his followers if he should step down as its CEO, adding that he will “abide by the results of the poll.” As of the time of writing, 57.5 percent voted “yes” to his question.

It remains to be seen if Musk will indeed follow through with the resignation, as a replacement is yet to be found. He tweeted that he will resign as soon as he finds someone “foolish enough to take the job” and that he will remain to run the software and server teams.

When Musk bought Twitter last October for USD 44bn, he made changes to the platform, many of which were heavily criticized.

He fired staff members, reduced its workforce, and charged USD 8 a month for the verification feature. The latter was previously free and given to high-profile accounts as proof of authenticity.

See also Twitter to remove ‘Twitter from iPhone’ and ‘Twitter from Android’ labels

The social media company, Musk said, was operating at a loss of USD 4m per day, which was the reason for the drastic changes.

Bryan Rilloraza has been a fixture in the local tech scene for over a decade, sharing his perspective as a tech enthusiast and industry veteran. Backed by an MBA from De La Salle University, a Bachelor’s Degree from the University of the Philippines, and 20 years of corporate experience in the telecommunications and banking sectors, Bryan provides a practical, real-world analysis of how technology serves the consumer.

Write A Comment