- Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire Indian-origin CEO Parag Agrawal, Chief Financial Officer Ned Segal, the company's policy chief Vijaya Gadde and others.
- According to media reports, Agrawal and Segal have left the company's San Francisco headquarters and will not be returning.
- The executives Musk fired have received handsome payouts.
Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire Indian-origin CEO Parag Agrawal, Chief Financial Officer Ned Segal, the company's policy chief Vijaya Gadde and others.
According to a CNBC report citing sources on Friday, Agrawal and Segal have left the company's San Francisco headquarters and will not be returning.
Gadde, the head of legal policy, trust, and safety was also fired, The Washington Post reported.
Transform talent with learning that worksCapability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More Sean Edgett, Twitter's general counsel, and chief customer officer Sarah Personette were also fired by Musk, reports Insider.
The executives Musk fired have received handsome payouts.
Agrawal received $38.7 million, Segal got $25.4 million, Gadde got $12.5 million, and Personette received $11.2 million, according to Insider.
Musk's entrepreneur friend Jason Calacanis said: "Day zero. Sharpen your blades boys."
"Seems like the twitter servers are still up and running!" Calacanis added.
"Twitter CEO is my dream job," he had told Musk earlier.
Musk on Thursday told advertisers why he is finally acquiring Twitter, telling them that he wants the platform to be the most respected advertising platform in the world where users can see movies or play video games, ranging from all ages to mature.
In a letter to advertisers, he said that Twitter cannot become a free-for-all hellscape, where anything can be said with no consequences.
"In addition to adhering to the laws of the land, our platform must be warm and welcoming to all, where you can choose your desired experience according to your preferences, just as you can choose, for example, to see movies or play video games ranging from all ages to mature," Musk wrote to his more than 110 million followers.
He said that the reason he acquired Twitter is because "it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence".
He visited Twitter headquarters in San Francisco on Wednesday, with a kitchen sink in his hands.
SEE ALSO: Amid startup funding crunch, Udaan raises $120 million and plans IPO after a year Q2 corporate earnings report: Banks perform well, moderate growth in FMCG, auto Historic decision, red-letter day – BCCI’s pay equity decision wins hearts of Smriti Irani, Sachin Tendulkar, Mithali Raj and more
Next Story
I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
Vodafone Idea FPO allotment – How to check allotment, GMP and more
India fourth largest military spender globally in 2023: SIPRI report
New study forecasts high chance of record-breaking heat and humidity in India in the coming months
Gold plunges ₹1,450 to ₹72,200, silver prices dive by ₹2,300
Strong domestic demand supporting India's growth: Morgan Stanley
Global NCAP accords low safety rating to Bolero Neo, Amaze
