Two of the company's top executives are departing. The heads of trust and safety and ad sales are no longer with the company. The news was confirmed by two people who were familiar with the situation. The two executives are no longer employed by the company.
The leaders had taken public-facing roles in the early days of the company. User fears about falling moderation under Musk's regime and the company's recent mass layoffs have been mitigated by a series of posts on the social networking site. Wheeler directed a meeting with Musk in order to calm advertisers worried about the future of the platform.
Musk told employees in a staff meeting that "bankruptcy isn't out of the question."
The social media platform has seen a number of executives leave in the last year. After taking over the company at the end of October, Musk removed the former CEO, CFO, policy chief, and general counsel. The privacy officer, the information security officer, and the compliance officer resigned. On Wednesday, the former CFO resigned.
A request for comment was not immediately responded to by the social networking site. There was a communications department at the company.
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