Elon Musk’s acquisition of Twitter has been, well, controversial to say the least, and things took an even more turbulent turn this week as the eccentric billionaire suggested that some profound trouble could be on the horizon for the social media leviathan.
Late in the week, it was revealed that a number of Twitter’s top executives were stepping away from their roles within the company, including several who held rather critical roles.
Yoel Roth, who has overseen Twitter’s response to combat hate speech, misinformation and spam on the service, resigned on Thursday, two people familiar with the matter told Reuters.Advertisement - story continues below
In his Twitter profile on Thursday, Roth described himself as “Former Head of Trust & Safety” at the company.
Roth did not respond to requests for comment. Bloomberg and tech site Platformer reported his exit first.Trending:
Earlier on Thursday, Twitter’s Chief Information Security Officer Lea Kissner tweeted that she had quit.
Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty also resigned, according to an internal message posted to Twitter’s Slack messaging system on Thursday by an attorney on its privacy team and seen by Reuters.
Musk’s outlook on Twitter’s future is not terribly optimistic, and may have played a role in the decisions.
Twitter Inc’s new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. privacy regulator and the exit of the company’s trust and safety leader.
The billionaire on his first mass call with employees said that he could not rule out bankruptcy, Bloomberg News reported, two weeks after buying it for $44 billion – a deal that credit experts say has left Twitter’s finances in a precarious position.
Earlier in the day, in his first company-wide email, Musk warned that Twitter would not be able to “survive the upcoming economic downturn” if it fails to boost subscription revenue to offset falling advertising income, three people who have seen the message told Reuters.
Musk has been extremely critical of Twitter’s fiscal situation from the beginning of his time as its owner, but this is still the starkest language he’s used yet to describe the issue.