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Home TechX World

Elon Musk will step down as CEO of Twitter once a replacement is identified

TechX Sport by TechX Sport
December 21, 2022
in TechX World
Reading Time: 3 mins read
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Elon Musk will step down as CEO of Twitter once a replacement is identified

When he finds someone “foolish enough to take the job,” according to Elon Musk, he will step down as Twitter’s CEO.

Prior to this, the billionaire made a commitment to follow the outcome of a Twitter poll in which 57.5% of respondents favored his leaving the position.

He claims that even once a replacement is found, he will continue to lead the software and server teams.

Since he took control, many people have opposed the platform’s changes.

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

About half of the personnel has been let go since Elon Musk acquired the social media platform in October.

He also tried to roll out Twitter’s for-pay verification service before pausing it. Last week, the feature was reintroduced.

The way he moderates content has also drawn criticism from civil rights organizations, which charge him with taking actions that will encourage hate speech and false information.

The European Union and United Nations denounced Elon Musk on Friday for Twitter’s decision to suspend some journalists who cover the social media company.

While the EU threatened Twitter with sanctions, the UN declared that media freedom was “not a toy.”

The multibillionaire hasn’t previously commented on the poll that was released on Sunday asking if he should step down.

It might be difficult to find someone to take over the social media site, according to Musk.

Jack Dorsey, another co-founder of Twitter, has been rumored to return and take over as CEO. He gave up his position as CEO in November 2021.

“No one wants the job who can actually keep Twitter alive,” he tweeted following the poll.

No one wants the job who can actually keep Twitter alive. There is no successor.

— Elon Musk (@elonmusk) December 19, 2022

Sheryl Sandberg, the former COO of Facebook, Sriram Krishnan, an engineer and close confidant of Elon Musk, and Jared Kushner, a former US presidential adviser, and Donald Trump’s son-in-law, have also been touted as potential replacements.

Musk has in the past complied with Twitter surveys. Vox populi, vox Dei, which roughly translates as “the voice of the people is the voice of God,” is a Latin expression he frequently uses.

To read our blog on “Elon Musk, CEO of Twitter; may be stepping down,” click here.

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