BusinessStartupsTechnology

X’s Ad Chief Exits Amid Executive Exodus from Musk’s Empire

X’s global head of revenue operations has left the company after less than a year, marking the latest in a series of senior departures from Elon Musk’s operations. John Nitti was considered a potential successor to former CEO Linda Yaccarino, who resigned in July. The exit comes amid reported frustration with Musk’s leadership style and strategic shifts.

Another Key Executive Departs

X’s advertising leadership team has suffered another significant blow with the departure of John Nitti, who served as global head of revenue operations and advertising innovation. According to sources familiar with the matter, Nitti left the company on Friday after just ten months in the role—a surprisingly brief tenure for an executive once seen as potential CEO material.

BusinessManufacturingTechnology

Rivian CEO Calls R2 Launch ‘Inflection Point’ Amid New Layoffs

Rivian CEO RJ Scaringe described the company’s upcoming R2 SUV as an “inflection point” for the electric vehicle maker, drawing parallels to Tesla’s Model 3 moment. The comments came just before the company reportedly announced layoffs affecting hundreds of employees as part of restructuring efforts.

Strategic Shift Amid Workforce Reductions

Electric vehicle startup Rivian is navigating turbulent waters as it positions its upcoming R2 model as a make-or-break product while simultaneously reducing its workforce. According to multiple reports, the company initiated layoffs affecting more than 600 employees this week, representing approximately 4.5% of its total workforce.

BusinessStartupsTechnology

Solution Providers Urged to Embrace Partner Ecosystems for Growth

Channel executives are pushing solution providers to stop turning away business they can’t handle alone. Instead, industry leaders recommend building partner networks to capture revenue from client needs outside core competencies while maintaining service quality.

The End of “No” in Channel Partnerships

Solution providers who frequently tell clients they can’t help with specific needs might be leaving money on the table—or worse, opening the door to competitors. That’s the warning coming from channel executives who see partner-to-partner collaboration as the new revenue frontier.