Elon Musk, the CEO of Tesla and SpaceX, has successfully taken control of Twitter and is now the new CEO. The CEO of Twitter, Parag Agrawal, the CFO, Ned Segal, and the head of legal affairs and policy, Vijaya Gadde, were reportedly sacked shortly after the $44 billion acquisition was finalised, according to media sources.
He had previously charged the CEO with deceiving him and Twitter investors over the volume of phoney accounts on the social media site.
Twitter has not yet publicly revealed the names of the sacked employees, but according to The New York Times, who cited sources familiar with the situation, Musk “has started cleaning house at Twitter with the firings.”
Musk allegedly entered Twitter’s offices carrying a huge porcelain sink, updated his Twitter bio to Chief Twit, and then tweeted, “let that sink in.”
In a recent statement, Musk added, “I bought Twitter because I believe it is critical for the future of civilization to have a common digital town square, where a wide range of opinions can be argued in a healthy manner, without resorting to violence.”
Elon Musk and Twitter’s dispute is not brand-new. The billionaire Chief Twit has been at odds with the top management, which has since been sacked, ever since he declared his plans to buy the microblogging network. All of Musk’s justifications for pulling out of the transaction, from worries about the quantity of Twitter bots to the firm withholding ‘essential’ information, made headlines.
But Agrawal and Musk remained at the centre of it all.
At least one of the sacked executives was led out of Twitter’s office, according to the New York Times report.
Since the Twitter acquisition was finalised, many have questioned why Agrawal, 38, is one of the first people Musk is said to have sacked.