Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
04/15/2025
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But the CEOs who make history in downturns aren’t the ones with the deepest cuts
April 27, 2022: -Amazon’s billionaire co-founder Jeff Bezos has weighed in on Elon Musk’s deal to buy Twitter for $44 billion.
On Monday, Bezos shared a tweet suggesting that China may gain more influence than Twitter once the acquisition completes.
“Did the Chinese government just gain leverage over the town square?” Bezos wrote, which hints at Musk’s business ties to China. The Tesla CEO established a factory in Shanghai, and the company relies heavily on Chinese firms to supply the materials that go into its batteries.
On Monday, Twitter’s board agreed to an acquisition of the company by Musk. Twitter took private at $54.20 for each share in a deal valuing the firm at $44 billion.
Twitter is banned in China. Beijing’s so-called “Great Firewall” prohibits access to several Western social media sites, including Facebook, Instagram, and YouTube.
“My answer to this question is probably not,” Bezos added. “The more outcome in this regard is complexity in China for Tesla, instead of censorship at Twitter.”
“But we’ll see. Musk is good at navigating this kind of complexity,” he added.
Despite the caveat, Bezos’ comments are the latest in a long-running feud between the two billionaires.
The pair have sparred over their respective space ambitions over the years. Musk is CEO of SpaceX, and Bezos runs his space venture, Blue Origin.
While Musk has promised to improve Twitter’s role as a “digital town square” in which users can speak and debate freely, the takeover has sparked concern from a few politicians and campaigners who worry it will give the richest man too much control over online discourse.
Billionaires owning media companies is not a recent phenomenon, however. Bezos himself owns The Washington Post, while Salesforce CEO Marc Benioff bought Time Magazine in 2018. But Twitter is unique in that it’s a platform where millions of people interact and share content and, as such, is under scrutiny from regulators.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
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April 23, 2025: The Canadian government has introduced new legislation to regulate the use of artificial intelligence in education and healthcare, focusing on accountability,
April 17, 2025: Prime Minister Justin Trudeau s government is under growing political pressure over its current immigration strategy.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
April 15, 2025: Multiple wildfires burning across northern and central Alberta have triggered large-scale evacuations.
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