Musk may appoint Boring Company CEO Steve Davis as new Twitter head

Amid the persevering with layoffs at Twitter, Elon Musk may have zeroed in on its new CEO — Steve Davis who’s a long-time affiliate of Musk and at the moment the CEO of The Boring Company.

The Boring Company is an infrastructure and tunnel development companies firm based by Musk.

According to Platformer, Davis got here to Twitter as a part of Musk’s transition workforce final yr.

Musk had tasked Davis with reducing $500 million in prices however he ended up reducing almost $1 billion.

“His success in bringing prices down by any means crucial has led to rising hypothesis internally that Musk will select him to be Twitter’s subsequent CEO,” the report talked about.

Davis has emerged as considered one of Musk’s prime lieutenants at Twitter, which goes by way of large churning and layoffs.

According to the report, the newest job lower impacted greater than 200 workers and Davis had a key position to play.

The newest layoff spherical impacted extra product managers, engineers, and quite a few folks on information science.

Chris Reidy, the corporate’s performing head of gross sales, was additionally requested to go.

With this latest lower, theTwitterCEO has completed not less than 4 rounds of layoffs.

This is occurring regardless of his promise to not sack extra workers after his brutal layoff train in November final yr that affected two-thirds of the micro-blogging platform’s 7,500 workers.

The Boring Company was shaped as a subsidiary of SpaceX, earlier than separating in 2018.

Its ongoing tasks are designed for intra-city (loop) transit programs, that are all-electric, zero-emissions, and high-speed underground public transportation programs that shuttle passengers to their vacation spot with out an middleman cease.

(With inputs from IANS)