After Elon Musk accomplished his Twitter takeover, a number of studies and tweets from firm staff advised that he fired CEO Parag Agrawal, CFO Ned Segal, common counsel Sean Edgett, and head of authorized coverage, belief and security Vijaya Gadde have been leaving the corporate instantly. Now he would possibly take excessive job — at the least for now.
A report from Bloomberg advised that Musk will take up the CEO place, however will hand it over to another person in the long run. As a CEO he must deal with totally different challenges like consumer development, income development and content material moderation hurdles.
Agrawal, who took over from Jack Dorsey final yr after the Twitter co-founder left the corporate, has had a strenuous relationship with Musk. The Tesla CEO famously tweeted a poop emoji in reply to Agarwal’s prolonged thread about spam on the platform. The method main as much as the Twitter v. Musk trial revealed a trove of texts between totally different traders and executives. Whereas Agarwal and Musk started their dialog cordially, their relationship soured over time.
Bloomberg’s report additionally talked about that Musk plans to raise lifelong bans on customers. Twitter famously banned former President Donald Trump final yr for breaking the platform’s guidelines and over the “threat of additional incitement of violence” following the U.S. Capitol assault. This step of unbanning all customers would possibly draw combined reactions throughout the political spectrum, and can check the billionaire’s efforts as to how far he desires to go to make Twitter the “digital city sq.” he desires it to be.
We’ve heard rather a lot about Musk’s concepts as the highest man of Twitter. That included solutions of constructing “X, an all the things app” to monetizing tweets in numerous methods. There was plenty of uncertainty round how the Tesla CEO will deal with layoffs and restructure groups on the social community through the course of the entire takeover deal ranging from April.
Whereas Twitter’s CEO, CFO, and high attorneys have been fired as we speak, a number of high executives together with former GM of shopper, Keyvon Beykpour and former income product lead Bruce Falck have left the corporate since Musk initiated the deal. Given so many empty seats at high administration, Musk has to usher in some high expertise to execute issues he desires to attain at Twitter.
