Twitter Inc. suffered additional senior executive departures as owner Elon Musk said bankruptcy is a possibility for the company, adding to the chaos that has engulfed the social media platform in the two weeks since the billionaire took it over.
The Wall Street Journal reports Musk’s bankruptcy comment came in an all-hands meeting with Twitter’s staff on Thursday, according to people familiar with the matter, on the heels of a memo to employees in which he warned of the “dire” economic challenges facing the company. During the meeting, Musk also spoke about ending remote work for most Twitter employees, saying they needed to come to the office if able, the people said.
Thursday’s tumult also included word that Twitter’s chief information security officer, Lea Kissner, responsible for data security, had left the company. Chief Privacy Officer Damien Kieran also departed, people familiar with the matter said. Kieran changed his Twitter bio to say “Ex-Chief Privacy Officer @Twitter.”
Information about the status of some other senior executives fluctuated through the course of Thursday. People familiar with the matter gave differing accounts, for example, about whether Robin Wheeler, Twitter’s vice president of U.S. client solutions, was staying or going, with one of them saying late in the day that the situation was “fluid.”
“I’m still here,” she tweeted late Thursday.
A person familiar with her situation said Wheeler had resigned Thursday but decided to pause her departure. Ms. Wheeler is staying, the person said, to determine whether the company will uphold its commitments to data privacy and fulfill its regulatory requirements.
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