Elon Musk to appoint Twitter CEO by 2023 end
Twitter to appoint new CEO: Elon Musk revealed that he is on search hunt to find CEO for Twitter towards the end of 2023.
While addressing the video conference at the World Government Summit in Dubai, Elon Musk stated that the most important thing for him is that the platform works.
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Elon Musk further stated that, "I think I need to stabilize the organization and make sure it's in a financially healthy place...I'm guessing probably toward the end of this year would be good timing to find someone else to run the company."
"Twitter is still somewhat a startup in reverse," he said.
"There's work required here to get Twitter to sort of a stable position and to really build the engine of software engineering."
Earlier, Musk stated that the past three months have been "extremely tough" as he "had to save Twitter from bankruptcy" while also fulfilling his duties at Tesla and SpaceX.
Taking through his Twitter handle, Elon Musk stated that, "Last 3 months were extremely tough, as had to save Twitter from bankruptcy while fulfilling essential Tesla & SpaceX duties. Wouldn't wish that pain on anyone. Twitter still has challenges but is now trending to break even if we keep at it. Public support is much appreciated!". He tweeted in response to The Wall Street Journal's news article.
Meanwhile, Elon also reduced Twitter’s staff to half and revamped the other services and company policies.
He defended the Twitter layoffs in November, stressing that the company was losing USD 4 million a day.
Meanwhile, Elon Musk also revealed some changes to Twitter by adding Bookmark button moving to tweet details page, fixing image length crop & other minor bug fixes next week.
- ANI
