WEB DESK
ISLAMABAD: Elon Musk, Twitter’s new Boss, has said he intends to find a new Chief Executive Officer (CEO) to oversee the social media firm. The billionaire planned to finish an organizational restructuring this week and anticipated reducing his time at Twitter.
Musk made the comments while defending himself in court in Delaware against accusations that the $56 billion Tesla compensation package he received was based on easy-to-achieve performance goals and was authorized by a compliant board of directors, according to the New York Post.
Elon Musk Overhauls Twitter, Faces Challenges
The company recently underwent an overhaul following Elon Musk’s $44 billion acquisition, which included the removal of senior executives, a membership program to verify accounts, and a downsizing of the workforce.
ALSO READ: Elon Musk Announces Relaunch of Twitter Blue
Musk recently announced the program’s relaunch on November 29 after facing criticism and public uproar over the ‘Blue Tick’ verification requirements. Verified users have impersonated leaders, authorities, and well-known figures, including Elon Musk.
