Elon Musk fires Twitter’s top brass after closing $44 billion deal: reports

NEWSTELLER
0
Elon Musk, the CEO of Tesla, sacked a number of key Twitter executives after assuming full control of the company on Thursday evening.




According to a source with knowledge of the situation, Twitter's CEO Parag Agrawal, CFO Ned Segal, and director of legal policy, trust, and safety Vijaya Gadde were all sacked. In relation to the amount of phoney accounts on the platform, Musk has accused the three of misleading him and investors.


On August 13, 2021, at Grünheide, close to Berlin, Germany, Tesla CEO Elon Musk and Armin Laschet, CDU Federal Chairman and Prime Minister of North Rhine-Westphalia, converse while touring the facility of the future foundry for the Tesla Gigafactory. (Patrick Pleul - Pool/Getty Images) /

After being fired, Agrawal, Segal, and Gadde were taken outside, according to sources familiar with the situation who spoke to The Washington Post.

Musk earlier declared his intention to reduce Twitter's workforce by approximately 75%, from around 7,500 to around 2,000 workers.

A request for comment from FOX Business was not answered by Twitter.


TWITTER, SAYS ELON MUSK, WILL NOT BECOME A "FREE-FOR-ALL HELLSCAPE"

The action followed Musk's $44 billion buyout of Twitter, which put an end to a protracted saga that started in April when he first agreed to buy the business. Musk withdrew from the agreement in July, claiming that the firm had not given him enough information regarding bot accounts.
Tags

Post a Comment

0Comments
Post a Comment (0)