Elon Musk has introduced his intention to resign as CEO of Twitter, an announcement that comes shortly after he performed a straw ballot where 57.5% of 17.5 million respondents voted he ought to go. The ballot in itself was probably a smokescreen for choices already made, with Musk’s takeover of the platform mired from its beginnings in chaos, veering by way of authorized motion to completion, adopted by mass firings and on-the-hoof coverage adjustments.
That is in some methods an act of misdirection. Elon Musk owns Twitter and that’s most unlikely to alter within the brief time period. As this 12 months has proven, the billionaire shouldn’t be afraid to make unpopular choices and wade into the mud-slinging aftermath, however lots of his adjustments have been hasty, poorly applied or rolled-back.
Musk’s takeover was accomplished in October, since when about half of Twitter’s workforce has been fired. His principal audience-facing change to the positioning, paid-for verification within the type of Twitter’s blue ticks, was launched, frozen, and lately re-launched. A few of his choices are merely questionable whereas others, corresponding to suspending journalists who cowl Twitter in methods he does not like, are indefensible.
Nevertheless personally impervious to criticism he could also be, Musk has develop into as divisive a determine because the up to date web has: and it isn’t simply randoms shouting about him on Twitter. The EU threatened Twitter with sanctions over the journalist suspensions, whereas within the wider world Musk’s antics have centered huge investor scrutiny on Tesla: shares in that firm have fallen in worth by 65% within the final 12 months (a part of which might be attributed to Musk promoting a piece of his personal holding).
I’ll resign as CEO as quickly as I discover somebody silly sufficient to take the job! After that, I’ll simply run the software program & servers groups.December 21, 2022
CNBC reported that Musk has been on the seek for his alternative for a while, which Musk replied to on Twitter with some laughing emojis. “Nobody needs the job who can really hold Twitter alive,” Musk wrote after the ballot had closed. “There is no such thing as a successor.”
Not true: MySpace Tom needs the job.
Naturally, hypothesis ranges from believable candidates throughout huge tech to Kermit the Frog and the return of Twitter co-founder Jack Dorsey.
The large query for any candidate might be Musk’s future function on the platform. He says he’ll stay operating key components of it, and even earlier than this complete saga started was a massively well-liked and prolific Tweeter. There’s additionally some a part of his persona that clearly revels in taking part in the troll and annoying folks, and Musk will in the end nonetheless be in control of the entire operation. This sort of feels like a nightmare boss situation.
Or to place it in plainer phrases: this complete factor has been like watching a ’00s discussion board mod tantrum.