Well, that didn’t take long.
Mere days after Tesla CEO Elon Musk took the helm of social media giant Twitter, it appears as though an inordinate amount of his top executives are jumping ship, including many who oversaw crucial functions at the powerful platform.
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.
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.
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.
The mass exodus came just as Musk began suggesting that Twitter’s bankruptcy could be looming.
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’s takeover has been mired in controversy from the start, with the eccentric billionaire’s $8 subscription-verification scheme leading the way for an army of savvy internet pranksters to wreak havoc with “verified” accounts that appeared to belong to major corporations, political figures, and celebrities.