Elon Musk Twitter Bankruptcy Many Top Officials From Company Have Resigned

Elon Musk Twitter Bankruptcy: Twitter’s new owner and ‘complaint hotline operator’ Elon Musk on Thursday expressed the possibility of the social media platform going bankrupt amid the departure of most senior executives. According to a Bloomberg report, Musk told Twitter employees on a call that he could not rule out bankruptcy. This information has come to the fore two weeks after the company was bought for $ 44 billion, which is surprising.

Twitter may lose billions of dollars

According to media reports, in his first meeting with all employees on Twitter on Thursday afternoon, Musk warned that the company could lose billions of dollars next year. However, Twitter has not yet commented on the possible bankruptcy. Let us tell you that Musk announced plans to cut half of his staff last week. He had said that the company is incurring a loss of US $ 4 million daily.

Twitter’s situation worsened by the resignation of senior officers?

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Two executives, Joel Roth and Robin Wheeler, who moderated a Twitter space chat with Musk on Wednesday, have resigned. A person who has seen and understood this matter closely gave this information to Reuters. However, so far, Roth and Wheeler have not shared any clear information or answers with the media regarding the resignation.

Chief Security Officer has also resigned

Earlier on Thursday, Twitter’s Chief Security Officer Lee Kissner tweeted that he had resigned. He said, “I have made the strong decision to leave Twitter. I have had the opportunity to work with amazing people and am very proud of the privacy, security and IT teams and the work we do. I look forward to learning more That’s what will happen next.” In addition to Lee Kissner, Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty have also resigned.

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