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Elon Musk To Step Down As Twitter CEO If Polls Go Against Him

Elon Musk To Step Down As Twitter CEO If Polls Go Against Him

Elon Musk To Step Down As Twitter CEO If Polls Go Against Him

Elon Musk To Step Down As Twitter CEO If Polls Go Against Him

Billionaire Elon Musk, the newly appointed CEO of Twitter, may be thinking about leaving the position after only a little over two months on the job.

Sunday night, Musk posted a poll on his verified Twitter account asking followers to decide whether or not he should stand down as Twitter’s CEO. Musk added that he would follow the poll’s results.

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He tweeted, “Should I step down as head of Twitter? I will abide by the results of this poll.”

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As of Monday morning, with about six hours to the end of the poll, “Yes” was winning by a margin of 56.3% to 43.7%.

The billionaire Tesla owner has been in a number of issues on the “blue app” since taking over Twitter as CEO in October 2022.

ALSO, READ Elon Musk Successfully Completes The Acquisition Of Twitter

After Jack Dorsey, the company’s former CEO sold it to Musk for $44 billion, Musk started to implement some contentious changes to the company’s policies and staff.

Elon Musk To Step Down As Twitter CEO If Polls Go Against Him

After taking over as CEO of Twitter, he quickly fired half of the company’s employees as well as a number of its senior executives. He also proclaimed an end to remote working for the company’s remaining, fortunate employees.

The remaining employees were subsequently given the choice to work “very rigorous” hours or leave, and as a result, hundreds or maybe thousands of them left the organization.

Employees who publicly opposed the new CEO’s policies or tweets were let go.

Musk then revealed a new strategy to make the social media platform’s verification badge more lucrative, which caused a stir among Twitter users.

ALSO, READ Layoffs: Elon Musk Claims Twitter Loses $4m Per Day Due To Large Workforce

He first proposed a $20 monthly subscription fee for the blue badge, which he later slashed to $8.

He has frequently changed Twitter’s rules by executive fiat and with no prior notice and has banned tweeps who violated his new rules.

Following a violent debate with the host of a Twitter Space he attended, Musk recently deactivated the Twitter Space feature from the app. However, the business asserted that Space was shut down due to a minor error. After user complaints, it was later restored.

Elon Musk To Step Down As Twitter CEO 

Musk tweeted Sunday night that every significant policy change would now be put to a vote in what appeared to be contrition for his unexpected policy changes.

He wrote, “Going forward, there will be a vote for major policy changes. My apologies. Won’t happen again.”

WHO IS ELON MUSK?

Website | + posts

I Am a financial analyst, Entrepreneur, Blogger and Business model. With 15 years' Consultancy Experience.

IBEH C. JOE

I Am a financial analyst, Entrepreneur, Blogger and Business model. With 15 years' Consultancy Experience.

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