• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, August 15, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

In the midst of layoffs, Elon Musk may appoint the CEO of ‘The Boring Company.’

by Tanishqua Ghura
February 28, 2023
in News
Reading Time: 2 mins read
0
Twitter logo
TwitterWhatsappLinkedin

In the midst of Twitter’s ongoing layoffs, Elon Musk may have identified a new CEO: Steve Davis, a long-time Musk associate and current CEO of The Boring Company. Musk founded The Boring Company, which provides infrastructure and tunnel construction services. Davis joined Twitter as part of Musk’s transition team last year, according to Platformer. Musk assigned Davis the task of reducing costs by $500 million, but he ended up reducing costs by nearly $1 billion. Tesla CEO Elon Musk Puja in Bengaluru: Male Activists Worship Tesla CEO for Buying Twitter; Watch Viral Video.

You might also like

Ovantica Unveils Festive Season Offers on Certified Refurbished iPhones, Making Premium Apple Devices More Affordable

OpenAI Faces Second Senior Exit Ahead Of IPO As Revenue Chief Denise Dresser Leaves

Navi Ltd. Prepares for IPO, Targets Up to $314 Mn Fundraise

“His success in bringing costs down by any means necessary has led to growing internal speculation that Musk will choose him to be Twitter’s next CEO,” according to the report. Davis has emerged as one of Musk’s top lieutenants at Twitter, which is undergoing massive layoffs and churn. According to the report, the most recent layoff affected more than 200 employees, with Davis playing a key role. The most recent round of layoffs affected more product managers, engineers, and data scientists. Chris Reidy, the company’s acting sales director, was also asked to leave. With this latest layoff, the Twitter CEO has now completed at least four rounds of layoffs.

Musk may appoint Boring Company CEO Steve Davis as new Twitter head -  Investing.com India
Source : Investing.com

This is despite his promise not to fire any more employees following his brutal layoffs in November last year, which affected two-thirds of the microblogging platform’s 7,500 employees. The Boring Company began as a subsidiary of SpaceX before splitting up in 2018. Twitter layoffs continue; Elon Musk continues to fire employees despite promises not to. Its ongoing projects are for intra-city transit systems, which are all-electric, zero-emissions, high-speed underground public transportation systems that transport passengers to their destination without stopping in between.

ABOUT STEVE DAVIS 

Steven Peter Davis is a former professional footballer and English football manager who works as a trainer scout for Wolverhampton Wanderers. He played over 100 league games as a defender for three different clubs: Crewe Alexandra, Burnley, and Barnsley. His modern-era record of six world titles has been surpassed by both Stephen Hendry and Ronnie O’Sullivan, and only O’Sullivan has won more UK Championships. Davis won a record 84 professional titles and finished second in 38 events, 28 of which were ranking event victories.

Steve Davis is a true Snooker Legend. He has been a professional player for over 30 years and still continues to compete in major competitions while also review and confirm on them for the BBC at times.

Tags: #elonmusk #twitter #technology #world #twitterdeal #phishing #tech #Zhao #spam
Tweet54SendShare15
Previous Post

Theranos Scam: Elizabeth Holmes Welcomes Second Child Before Imprisonment

Next Post

Income Tax Dept Conducts Raids on Real Estate Firms in Hyderabad for Potential Tax Evasion

Tanishqua Ghura

Recommended For You

Ovantica Unveils Festive Season Offers on Certified Refurbished iPhones, Making Premium Apple Devices More Affordable

by Shailja Jha
August 14, 2026
0

Ovantica Unveils Festive Season Offers on Certified Refurbished iPhones, Making Premium Apple Devices More Affordable The rush to buy premium smartphones will only increase now that the festive...

Read more

OpenAI Faces Second Senior Exit Ahead Of IPO As Revenue Chief Denise Dresser Leaves

by Ishaan Negi
August 14, 2026
0
OpenAI Faces Second Senior Exit Ahead Of IPO As Revenue Chief Denise Dresser Leaves

OpenAI is facing another major leadership change just days after announcing the departure of Brad Lightcap, with Chief Revenue Officer Denise Dresser leaving the artificial intelligence company after...

Read more

Navi Ltd. Prepares for IPO, Targets Up to $314 Mn Fundraise

by Ishaan Negi
August 14, 2026
0
Navi Ltd. Prepares for IPO, Targets Up to $314 Mn Fundraise

Fintech startup Navi Ltd., founded by former Flipkart co-founder Sachin Bansal, is preparing to formally begin the process for an initial public offering (IPO) in India. The company...

Read more
Next Post
Income Tax Dept Conducts Raids on Real Estate Firms in Hyderabad for Potential Tax Evasion

Income Tax Dept Conducts Raids on Real Estate Firms in Hyderabad for Potential Tax Evasion

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?