khaskhabar.com : Tuesday, 28 February 2023 11:20 AM
San Francisco. Amid layoffs at Twitter, Elon Musk may appoint Steve Davis as its new CEO. Steve Davis has been a longtime associate of Musk and is currently the CEO of The Boring Company. The Boring Company is an infrastructure and tunneling services company founded by Musk.
According to Platformer, Davis joined Twitter last year as part of Musk’s transition team.
Musk tasked Davis with cutting costs by $500 million, but he ended up cutting about $1 billion.
“Her success in cutting costs has fueled speculation internally that Musk will choose her as Twitter’s next CEO,” the report said.
Davis is emerging as Musk’s right-hand man on Twitter. On the other hand, the phase of layoffs is going on in Twitter these days.
According to the report, the latest layoffs affected more than 200 employees in which Davis had a key role.
Product managers, engineers and many people in data science have been affected by the new round of layoffs.
The company’s acting head of sales, Chris Ready, has also been asked to leave.
With this latest cut, Twitter’s CEO has made at least four rounds of layoffs.
This is despite his promise not to sack more employees after a round of layoffs in November that affected two-thirds of the micro-blogging platform’s 7,500 employees.
The Boring Company was formed as a subsidiary of SpaceX before being split in 2018.(IANS)
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