CNBC Has reported that Jack Dorsey the CEO of Twitter is expected to step down from his position.
CNBC said:
It’s unclear who’s set to succeed Dorsey or the timing of a potential announcement. It’s also unknown why Dorsey, 45, would take a step back. But if he steps down, the next CEO will have to meet Twitter’s aggressive internal goals. The company said earlier this year it aims to have 315 million monetizable daily active users by the end of 2023 and to at least double its annual revenue in that year.
Twitter stocks have been dropping lately, but as soon as today they have seen a 9% increase in stock price.
It can be looked at that Jack Dorsey leaving can be a good thing for the company as Jack Dorsey has been seen in some controversy.
This is a developing story… Come back for more updates…
