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

June 23, 2024
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(Reuters) – The chief government of social media platform X, Linda Yaccarino, has shaken up her inside circle within the face of stress from proprietor Elon Musk to spice up gross sales and reduce prices, the Monetary Occasions 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 individuals acquainted with the matter.

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

Earlier than becoming a member of X, then often called Twitter, in June 2023, Benarroch labored at Comcast (NASDAQ:)’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.

© Reuters. FILE PHOTO: X Corp's CEO Linda Yaccarino testifies during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. REUTERS/Nathan Howard/File Photo

The reshuffle stems from rising tensions between Musk and Yaccarino, as she struggles to regular X’s monetary well being, in line with 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.

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