March 25, 2023
2022 11 01 上午11.05.48

Elon Musk to put himself as Twitter CEO, plan to cut 25% of staff

Tesla CEO Elon Musk said he will serve as Twitter’s CEO after buying social media Twitter for $44 billion.

Musk is currently the CEO of Tesla and runs SpaceX, a rocket company, Neuralink, a neurotechnology and brain-computer interface company, and the Boring Company, an infrastructure and tunnel construction company. Now after the acquisition of Twitter has become its chief executive officer, as the chief executive officer in charge of five companies.

Musk changed his Twitter profile to “Chief Twit” last week and fired former CEO Parag Agrawal and other top company officials. Musk plans to cut a quarter of Twitter’s workforce as part of a first round of layoffs that will involve nearly 2,000 people, according to The Washington Post.

In the acquisition document, it was mentioned that because of the acquisition, he became the sole director of Twitter, and also said on Twitter that the dissolution of the board of directors was “only temporary”, but did not elaborate on the details. Musk has brought about 50 engineers, product leaders and technicians to Twitter from four of his own companies, according to people familiar with the matter.


Image Source:20minutos

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Ewen Eagle

I am the founder of Urbantechstory, a Technology based blog. where you find all kinds of trending technology, gaming news, and much more.

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