Owing to scathing criticisms by Twitter users, billionaire Elon Musk, said he would step down as chief executive of Twitter after finding a replacement.
This is the first time Musk accepted stepping down as chief of the social media platform, after Twitter users voted decisively in a poll for him to step down, which the billionaire launched on Sunday evening, December 18.
Months ago, he purchased the company at $44 billion after legal tussle by Jack Dorsey, the original owner.
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“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,” Musk wrote on Twitter on Tuesday, December 20.
Musk has himself admitted he has too much on his plate, and said he would look for a Twitter CEO.
He said on Sunday, though, that there was no successor and that “no one wants the job that can actually keep Twitter alive.”
More than 12 hours after an unscientific poll posted by the Twitter CEO resulted in 57.5 per cent of participants voting that he should step down as head of the beleaguered social media company.
Musk is facing mounting criticisms of his chaotic leadership at Twitter, including recent decisions to suspend journalists and introduce (and then delete) a controversial policy banning the practice of linking out to rival platforms; laying off half of the company’s staff; firing others who disagreed with him; and welcoming back onto the platform previously banned figures who trafficked in misinformation, conspiracy theories, and hate speech.
