Tech

Musk’s X Corp hires 4 senior leaders to deal with customers, partners

X Corp (formerly Twitter) on Thursday announced to appoint new senior executives to address the evolving needs of its customers and partners, as the company is still in the red.

X CEO Linda Yaccarino announced the new leaders at the helm, as Musk “welcomed” them.

“Monique Pintarelli joins us as the Head of the Americas, overseeing Sales and Partnerships across the US, Canada and Latin America,” she informed.

“Carrie Stimmel joins us as our Global Agency Leader, Brett Weitz as our new Head of Content, Talent and Brand Sales, and Rob Hayes will be our Lead for Revenue Operations. Welcome to the town square,” Yaccarino added.

In July, Musk admitted that Twitter was still in the red after a massive 50 per cent drop in advertising revenue and heavy debt from the past.

“We’re still negative cash flow, due to a 50 per cent drop in advertising revenue plus heavy debt load,” Musk had posted.

“Need to reach positive cash flow before we have the luxury of anything else,” he added.

The Tesla and SpaceX CEO took over the micro-blogging platform in a $44 billion acquisition in October last year that included about $13 billion in debt.

In a tweet, he had said: “Need to reach positive cash flow before we have the luxury of anything else.”

After laying off thousands of employees, Musk said Twitter was on track to post $3 billion in revenue in 2023, down from $5.1 billion in 2021.

IANS

Recent Posts

EAM Jaishankar honoured with Sri Chandrasekarendra Saraswathi National Eminence Award for public leadership

External Affairs Minister S Jaishankar was awarded the Sri Chandrasekarendra Saraswathi National Eminence Award for…

16 hours ago

PM Modi interacts with Indian workers at Gulf Spic Labour Camp in Kuwait

Prime Minister Narendra Modi on Saturday visited the Gulf Spic Labour Camp in Kuwait, where…

16 hours ago

INS Tushil makes first port call to London on maiden deployment

INS Tushil made its first port call to London as a part of its maiden…

16 hours ago

Kuwait: PM Modi receives grand welcome from Indian diaspora; watches cultural performance, meets 101-year-old ex-IFS officer

Prime Minister Narendra Modi, arrived in Kuwait with a rousing welcome, as members of the…

2 days ago

PM Modi arrives in Kuwait, says visit will strengthen bilateral friendship across various sectors

Prime Minister Narendra Modi arrived in Kuwait to a warm welcome on Saturday. He is…

2 days ago

ISRO- European Space Agency sign agreement for advancing human spaceflight

The Indian Space Research Organisation (ISRO) and the European Space Agency (ESA) have signed an…

2 days ago