Twitter Chaos Deepens As Key Executives Quit
Written by City Radio on November 11, 2022
Elon Musk’s ownership of Twitter descended deeper into chaos as key security executives resigned from the platform, drawing a sharp warning from US regulators.
The walkouts came after a turbulent launch of new Twitter features following the Tesla and SpaceX owner’s $44 billion buyout of the influential messaging app.
Musk warned employees Thursday that the site was burning through cash dangerously fast, raising the specter of bankruptcy if the situation was not turned around.
Twitter is also crippled by the decision of advertisers to stay away from the platform, concerned about Musk’s plans.
The tycoon announced he was ending work-from-home policies at Twitter, which had been a widespread practice at the San Francisco-based company.