Elon Musk fired at least four key executives as Twitter’s first action as its new owner, including its CEO Parag Agrawal
As his first action after formally taking control of Twitter, Elon Musk fired at least four senior executives on Thursday, according to sources familiar with the situation.
CEO Parag Agrawal, chief financial officer Ned Segal, top legal and policy executive Vijaya Gadde, and general counsel Sean Edgett are among the leaders who have been let go.
The 51-year-old tycoon had until October 28 to finish his $44 billion acquisition deal, failing which he would be tried in November.
He has stated that he intends to make employment cuts, which has caused the 7,500 or so employees of Twitter to worry about their future. On Thursday, he said that he bought Twitter not to increase his wealth but rather to try to benefit humanity, whom I adore.