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Home»Finance»Yaccarino shakes up X amid Musk’s pressure on costs, FT says
Finance

Yaccarino shakes up X amid Musk’s pressure on costs, FT says

June 23, 2024No Comments2 Mins Read
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Yaccarino shakes up X amid Musk's pressure on costs, FT says
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(Reuters) – The chief government of social media platform X, Linda Yaccarino, has shaken up her internal circle within the face of strain from proprietor Elon Musk to spice up gross sales and reduce prices, the Monetary Instances mentioned on Sunday.

This month Yaccarino fired her right-hand man and head of enterprise operations and communications, Joe Benarroch, the newspaper mentioned, citing three folks conversant in the matter.

X didn’t instantly reply to Reuters request for touch upon the report.

Earlier than becoming a member of X, then referred to as Twitter, in June 2023, Benarroch labored at Comcast’s NBCUniversal, the place he oversaw communication technique for its promoting and partnerships division, reporting to Yaccarino, who was promoting chief there.

X’s head of worldwide authorities affairs, Nick Pickles will take over Benarroch’s duties, with an expanded position together with directing all world communications, the FT mentioned.

The reshuffle stems from rising tensions between Musk and Yaccarino, as she struggles to regular X’s monetary well being, based on the report.

Steve Davis, a longstanding Musk ally and chief government of his Boring Firm, was introduced in by the billionaire in April to evaluate X’s funds and efficiency administration, FT added.

(Reporting by Akanksha Khushi in Bengaluru; Modifying by Clarence Fernandez and William Mallard)

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