Elon Musk, the company's new owner and "Complaint Hotline Operator," suggested on thursday that twitter might go bankrupt as more senior executives leave the company. Two weeks after paying $44 billion for the company, Bloomberg news claimed that Musk told twitter employees on a conference call that he could not rule out bankruptcy. Reuters was informed by a source close to the situation that two executives, Yoel Roth and Robin Wheeler, who moderated a twitter Spaces discussion with Elon Musk on wednesday as he attempted to allay advertisers' fears, had quit.
Requests for response from Roth and Wheeler were not immediately entertained. Lea Kissner, Twitter's chief security officer, announced her resignation earlier in the day on Thursday. Damien Kieran, Twitter's chief privacy officer, and Marianne Fogarty, its chief compliance officer, both submitted their resignations, according to an internal message posted on thursday to Twitter's Slack messaging platform and obtained by Reuters.
For the majority of its employees, Elon Musk's acquisition of twitter was bad news. After taking over, Musk let go of 7500 workers in what are thought to be the harshest layoffs the tech sector has seen in recent memory. He also put together a small team of his own during the process, which included some of the current team members as well as a few of Musk's reliable business partners.
Requests for response from Roth and Wheeler were not immediately entertained. Lea Kissner, Twitter's chief security officer, announced her resignation earlier in the day on Thursday. Damien Kieran, Twitter's chief privacy officer, and Marianne Fogarty, its chief compliance officer, both submitted their resignations, according to an internal message posted on thursday to Twitter's Slack messaging platform and obtained by Reuters.
For the majority of its employees, Elon Musk's acquisition of twitter was bad news. After taking over, Musk let go of 7500 workers in what are thought to be the harshest layoffs the tech sector has seen in recent memory. He also put together a small team of his own during the process, which included some of the current team members as well as a few of Musk's reliable business partners.
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