Elon Musk, the CEO of Twitter, tweeted a picture of his pet dog earlier this month. Shortly after that, the world¡¯s richest person said that he expects to find a new CEO?by the end of 2023.
But now it seems that Musk¡¯s search for the ¡®right person¡¯ to replace him as Twitter CEO has ended.
The person is likely to be Steve Davis, who is the current CEO of Elon Musk¡¯s ¡¯The Boring Company¡¯, which is an infrastructure and tunnel construction services company that the billionaire founded in 2016.
Davis was reportedly given the task of cutting costs at Twitter.?In December last year, the information mentioned that Elon Musk tasked Davis with cutting $500 million in costs, but instead, he managed to cut costs by close to $1 billion¡ª all while sleeping in the office with his partner and their newborn child.?
Davis' success in bringing costs down by any means necessary has led to growing speculation internally that Musk will choose him to be Twitter¡¯s next CEO.?
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Last week, Twitter managers started receiving unexpected calls from Steve Davis. A longtime associate of Elon Musk, Davis began working at SpaceX in 2003 and is currently CEO of The Boring Company. Since loaning himself out to Twitter last year,?Davis has emerged as one of Musk¡¯s top lieutenants?there, as per The Platformer report.??
Who on your team is exceptional? Davis inquired of Twitter executives when they were on the phone.?
At first, managers assumed the questions were related to annual bonuses. In January, Musk¡¯s associates told Twitter employees that high performers would receive new stock grants. That hadn¡¯t happened yet. Perhaps it was finally time.
Last weekend, though, the real reason for the calls was finally revealed. Around?200 Twitter employees tried to log onto their work devices only to find that they¡¯d been locked out, just like thousands of workers before them.
Once again, there was no warning. If there was a twist here, it¡¯s that the move came three months after Musk told employees that the company was done with layoffs. "Honestly, it felt like Elon got drunk and slept on the ¡®del¡¯ key on his phone," a source said. "There is no pattern."
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