Full story: Musk sets up Twitter poll asking if he should step down as head
Elon Musk has asked Twitter users whether he should step down as the head of the company, promising to abide by the results of his poll.
Musk assumed the role of CEO at the end of October after firing a host of senior executives and dissolving its board of directors. Within minutes of posting the poll, more than one million people had voted.
After 20 minutes of polling, when the yes vote gained a double-digit lead, Musk responded to a suggestion that he had already picked a new CEO, saying: “No one wants the job who can actually keep Twitter alive. There is no successor.”
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Less than two months after Elon Musk controversially bought Twitter for $44m and installed himself as CEO of the company, he is putting his fate in the hands of its users.
Following a string of controversies over layoffs, new posting policies and temporary journalist bans, the billionaire issued a Twitter poll in the early hours of Monday morning, asking users “Should I step down as head of Twitter? I will abide by the results of this poll”
As of the time of writing, the poll had already attracted more than 14 million votes, with around 57% voting for his resignation.
The poll is set to close around 11am GMT, though it is not clear how quickly Musk would step down if the majority of voters call for his ousting.
It is also unclear who would replace Musk as chief executive.
He said in a separate tweet, Musk said: “No one wants the job who can actually keep Twitter alive. There is no successor.”
Meanwhile, it’s relatively quiet on the economics front in the lead up to the Christmas weekend, with the CBI industrial trends survey for December due later this morning.
Stay tuned!
9am GMT: German IfO business climate index for December
11am GMT: UK CBI industrial trends survey for December
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