Yaccarino shakes up X amid Elon Musk's pressure on costs, says report

X's head of global government affairs, Nick Pickles will take over Benarroch's responsibilities, with an expanded role including directing all global communications, the FT said

Elon Musk, Tesla
Photo: Bloomberg
Reuters
1 min read Last Updated : Jun 24 2024 | 12:19 AM IST
The chief executive of social media platform X, Linda Yaccarino, has shaken up her inner circle in the face of pressure from owner Elon Musk to boost sales and cut costs, the Financial Times said on Sunday.
 
This month Yaccarino fired her right-hand man and head of business operations and communications, Joe Benarroch, the newspaper said, citing three people familiar with the matter.
 
X did not immediately respond to Reuters request for comment on the report.
 
Before joining X, then known as Twitter, in June 2023, Benarroch worked at Comcast's NBCUniversal, where he oversaw communication strategy for its advertising and partnerships division, reporting to Yaccarino, who was advertising chief there.
 
X's head of global government affairs, Nick Pickles will take over Benarroch's responsibilities, with an expanded role including directing all global communications, the FT said.
 
The reshuffle stems from growing tensions between Musk and Yaccarino, as she struggles to steady X's financial health, according to the report.
 
Steve Davis, a longstanding Musk ally and chief executive of his Boring Company, was brought in by the billionaire in April to review's finances and performance management, FT added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Elon MuskTwitter

First Published: Jun 24 2024 | 12:19 AM IST

Next Story