Amid the impressive wave of departures at Twitter, the head of the crypto division, Tess Rinearson, has also tendered her resignation.
Twitter sees a strategic resignation in its crypto service
Tess Rinearson announced last Friday that she has tendered his resignation from his position as head of Twitter’s cryptocurrency service. She thus joins the ranks of the many people who have, by choice or not, left the ship since the takeover of the social network by Elon Musk.
Tess Rinearson first tweeted a greeting emoji followed by a blue heart to signify her departure, and then expressed her pride over her time with the company since his arrival in October 2021 :
“I’m very proud of everything the crypto team has started on Twitter, and I’m sad because I couldn’t see the end of it. »
Before joining Twitter, Tess Rinearson participated in the construction of the Cosmos ecosystem, through a two-year stint at Interchain Foundation, as vice-head of the engineering team. She also sits on the advisor to Interchain Foundation and Mina Protocol.
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Ever-shrinking workforce
Tess Rinearson’s resignation is not an isolated case. And for good reason, the social network is witnessing a real brain drain since Elon Musk indicated that the remaining staff should either commit to work “long, high-intensity hours, or accept severance pay and leave“.
The haemorrhage is such in the face of the management imposed by the new CEO that the latter went back on some of the restrictions he had imposed, such as the ban on working from home. These numerous departures have also fueled rumors about a possible shutdown of the platform, due to a lack of maintenance personnel.
Among these departures, we can also note that of Damien Viel, now ex-CEO of Twitter France :
It’s over 🫡 Pride, honor and mission accomplished. Goodbye #twitterfrance 🇬🇧. What an adventure ! Which team ! What encounters! Thank you all for these 7 incredible and intense years 💙. #workhardplayhard #OCaptainMyCaptain #LoveWhereYouWorked
— damien viel (@damienviel) November 20, 2022
If Elon Musk was able to meet many challenges in his entrepreneurial career, relaunch the growth of Twitter after such events is likely to be particularly difficult.
👉 On the same subject – 50% of the workforce laid off: Twitter “loses more than 4 million dollars a day”
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I timidly discovered the world of blockchain at the end of 2018 during my quest for financial freedom. Initially invested moderately, it was only two years later that I took the gamble of betting everything on the movement that was taking shape then. I then dedicate 2021 to training myself better to acquire more knowledge and seriousness. As I often like to say: I still have a billion things to learn. And what I do know, I want to share with you.
Vincent Mayor
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