2022 "boss" recap: The 'worst' performing tech bosses identified
The Guardian editor Matthew Cantor has listed the worst tech bosses of 2022.
2022 has not been a best year for technology companies. The CEOs of many famous companies came to the fore with their unsuccessful attempts this year. List includes names such as Mark Zuckerberg Elon Musk Sam Bankman-Fried and others.
The 'lousiest' tech bosses of 2022 have been identified
Mark Zuckerberg
According to the Guardian's list of "the lousiest tech bosses of 2022", Facebook boss Zuckerberg, who has been called a "genius" said in late 2021 Facebook wasn't dystopian enough for him. Aiming to lead metaverse world, Zuckerberg transformed Facebook to Meta. However he failed and Meta stocks declined sharply.
In February, stocks of Zuckerberg's company broke a record, dropping $230bn (£190bn) in one day due to failed "metaverse" attempts. While Zuckerberg told his employees that he misjudged the business world, "I misunderstood and I take responsibility." said. Zuckerberg, who laid off 11 thousand more people, was given 6 points out of 10.
Elon Musk
The score of Elon Musk, who owns SpaceX and Tesla and recently bought Twitter, was 7 out of 10. It was noted that Musk first attempted to buy Twitter, and then tried to give up on it.
"Outwardly it looks like a disaster, but Musk is showing all sorts of signs of amusement," the report said.
Jeff Bezos
Amazon also announced the layoffs. The New York Times wrote that 10,000 people will be laid off. The company's founder, Jeff Bezos, which was rated 4 out of 10, told everyone that he would donate most of his then-$124 billion net worth in his lifetime.
On the other hand, Bezos' employees recently told Insider that the company's voice assistant, Alexa, is "a tremendous failure of imagination."
Parag Agrawal
For Parag Agrawal, who was once the CEO of Twitter, things went well until Elon Musk bought the company. Although the two initially had an intimate relationship, that relationship quickly deteriorated when they disagreed over Musk's purchase of the platform.
When Musk wanted to investigate the extent of Twitter's bot problem, Agrawal detailed why the plan wouldn't work. In the controversy, Musk made the purchase in October and fired Agrawal. "Agrawal lost his job, but so far he shows no clear signs of being bad. Horrible year score: 7/10," the report said.
Sam Bankman-Fried
Cryptocurrency exchange FTX was at the top of the world a few months ago. SBF ran commercials and advertised FTX at the Miami Heat arena. However, SBF's dream was not held for a long time.
A few weeks later, Bankman-Fried was arrested in the Bahamas and charged by the prosecutor on the case as "one of the biggest financial frauds in American history." Bankman-Fried's dreadful year score was 10 out of 10.
Elizabeth Holmes
2022 was the year the long Theranos disaster concluded. It all started in 2003 when Elizabeth Holmes founded the company. Like many other young students, she was chasing a dream.
However, nearly 20 years after founding the company, Holmes began this year with a conviction for defrauding investors over his company's supposedly revolutionary blood testing system. Holmes was sentenced to 11 years in prison.