Elon Musk conducts poll to determine if he should step down as Twitter CEO

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Elon Musk, the billionaire founder Tesla Inc., has launched a poll to determine whether he should remain has the chief executive officer (CEO) of Twitter.

 

The polling was conducted on Twitter on Monday.

 

At the time of filing this report, 56.6 percent want Musk to resign as CEO, while 43.5 percent would be happy if he continues to run the company.

 

Musk has pledged to abide by the poll’s results when it ends.

 

 “Should I step down as head of Twitter? I will abide by the results of this poll” he asked Twitter users.


 

 

After what has been described as a controversial acquisition deal, Musk agreed to buy Twitter for $44 billion in April, 2022, thereby becoming CEO of the microblogging platform.

 

According to the deal, investors received $54.20 for each Twitter share they own, the company had said in a statement.

 

Twitter also became a privately held company upon the completion of the transaction.

Musk, following his ascension as the company’s head, implemented many radical policies beginning with the sack of Twitter’s three top executives — less than a day after completing the acquisition of the platform.

 

Following that, the billionaire went on a massive global layoff spree which affected Twitter’s newly created Africa headquarters, cutting the jobs of 3,700 workers.

 

Musk further switched gears by introducing a verification policy which compels users to pay at least $8 to get the blue badge.

 

Although the billionaire said he acquired the social media platform to promote free speech, Musk has become a subject criticism on the platform since he took over the company.

  

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