Elon Musk is looking for a new CEO...!? Is it all over..!?
Elon Musk, the world's biggest billionaire, recently bought twitter for $44 billion. Since buying it, he has been taking many drastic measures. Starting with layoffs, he has been taking various restructuring measures. On the first day of buying twitter, 4 key executives including CEO Parag Aggarwal were fired. twitter has since laid off more than half of its employees. This caused a huge uproar among twitter staff. In particular, many accused that no notice was given to the employees who were fired.
Elon Musk, who has been involved in many such controversies, is losing 4 million dollars a day since he took over his Twitter. He shared on his twitter page that he had no choice. The person who previously said that he will not leave the head office until everything is fixed at twitter has now said that twitter is looking for a new leader. He also said that he wants to reduce the time he spends on twitter and is looking for a new leader for the social networking company. It is known through this announcement that he has taken all the restructuring measures to be done in the company. Elon Musk's announcement may have caused great relief among twitter employees.
What time will the notification come? What will happen next? The employees who were in tension can now work freely. This may lead them to work properly. However, Elon Musk's comments have sparked controversy among shareholders after tesla received $56 billion in compensation in 2018. Elon Musk didn't pay his full contribution to Tesla. So how can Elon Musk get the such amount as compensation, it was said. Notably, tesla shareholder richard Tornetta filed a lawsuit saying it was illegal.
However, he said that he will continue to run twitter until they get a strong leadership to run it. It may be recalled that earlier in a report it had been said that whenever the employees feel pain at work, they should suffer more than that. Not only that he doesn't spend billions annually on his personal expenses. Doing so would only get him in trouble, but that's not what he is doing. He owns a private jet. A few months ago he also told him that it will be useful to get his work done faster. Will Elon, who looks at each and everything like this, decide so easily on the divorce of the head of Twitter? Let's see what he was waiting for.