Elon Musk May Step Down As Twitter CEO
After less than two months in the job, Elon Musk, the CEO of Twitter, may be thinking about leaving the microblogging firm.
Sunday night, Musk posted a poll on his verified account asking followers to decide whether or not he should resign as CEO of Twitter. Musk also promised to follow the poll’s results.
He tweeted, “Should I step down as head of Twitter? I will abide by the results of this poll.”
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 wealthy owner of Tesla has been embroiled in a number of disputes on the “blue app” ever since he purchased Twitter and assumed control of it in late October.
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.
He sacked several of Twitter’s top executives and half of the company’s staff immediately after becoming its CEO, and announced a stop to remote working for the remaining, lucky employees.
He then gave the remaining staff an ultimatum that they needed to do “extremely hardcore” work or leave, an announcement that saw hundreds or so of the remaining staff quit the company.
The new CEO has fired employees who openly disagreed with his policies or tweets.
Musk went on to announce a new policy to commercialise the verification badge on the social media platform, a policy which raised dust among tweeps.
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.
Recently, Musk disabled the Twitter Space feature from the app after having a heated argument with the host of a Twitter Space he participated in. The company, however, claimed that Space was disabled because of a little glitch. It has since been restored after backlashes from users.
In what seemed to be like a remorse for his unannounced policy changes, Musk tweeted Sunday night that every major policy change would now be subjected to a vote.
He wrote, “Going forward, there will be a vote for major policy changes. My apologies. Won’t happen again.”