Elon Musk announced that he would be stepping down as CEO of Twitter. Elon Musk asked his followers whether he should step down as leader, 57.5% voted ‘yes’.
Elon Musk announced on Tuesday that he would be stepping down as CEO of Twitter after he found someone “foolish” enough to take over his role. I will resign as CEO! Elon Musk wrote on Twitter. “After that, I’ll just run the software and server teams.
Elon Musk ran a poll to ask his followers whether he should step down as CEO of the social platform he acquired for $44 billion. Elon Musk tweeted Sunday afternoon, should I step down as head of Twitter? More than 17.5 million people voted, with 57.5% of the vote in his favor. Elon Musk followed the poll with a tweet, “As the saying goes, be careful what you wish for, because you may get it, and those who seek power are the least deserving of it.”
Elon Musk announced Tuesday that he is resigning as CEO of Twitter after CNBC first reported that he was looking for someone to replace him as head of the social media company. CNBC, citing unnamed sources, reported that the search was on before Musk voted whether he would step down.
I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams.
— Elon Musk (@elonmusk) December 21, 2022
Thousands of employees had resigned during Elon Musk’s reign. Advertisers have flocked to the site over concerns about content moderation, and Elon Musk has launched a wave of new policies, some of which have taken a U-turn.
Elon Musk has polled its users on various issues surrounding running Twitter, such as restoring former President Donald Trump’s account and bringing back video-sharing app Vine. Elon Musk uses the mantra “Vox Populi, Vox Dei”, which translates from Latin as “Voice of the people, voice of God”.
Critics used the phrase to mock her and accused her of hypocrisy when she did not follow the results of a poll in which Twitter users voted in her favor without accounts “following my exact profile in real time”. Voted. Voted.
As part of Twitter’s cost-cutting measures, Musk also ended free lunches – which he said cost more than $400 per meal. In the midst of belt-tightening, Musk issued an ultimatum to employees, saying they needed to work “extremely hardcore” and “long hours at high intensity” to stay at the company.
About half of Twitter’s remaining workforce hasn’t committed to Musk’s vision for Twitter 2.0, a person familiar with its processes told Insider’s Kali Hayes. Some Twitter employees have filed a lawsuit against the company, alleging that the company has failed to give them promised severance packages and is laying off an unfair share of female employees.