Twitter’s administration gutted as Elon Musk’s takeover begins
Oct 28, 2022 10:16 UTC
Oct 28, 2022 at 10:16 UTC
Some of Twitter’s C-suite has reportedly been flushed out by the company’s new owner, with its CEO, CFO, and legal head all pillaged on Elon Musk’s initial day at the helm.
Elon Musk reportedly finalized his $44 billion takeover of social media platform Twitter on October 27 and has started his tenure at the corporate by cleanup house at the higher govt level.
According to sources from multiple shops, chief operating officer Parag Agrawal, chief money handler Ned Segal and head of legal and policy Vijaya Gadde area unit according to own been pillaged, with Musk accusatory them of deceptive him over the amount of spam accounts on the platform.
Agrawal and Segal were “escorted out” of the company’s headquarters once the deal closed, per Reuters sources.
the bird is freed
— Elon Musk (@elonmusk) Oct 28, 2022
Musk had antecedently tried to back out of the deal to shop for Twitter in Gregorian calendar month, accusatory the corporate of constructing “false and deceptive representations” concerning the amount of spam and faux accounts.
With the deal currently closed, Musk appearance to alter the platform into a bastion of free speech, amendment the algorithms to stop political echo chambers, and take away all faux and spam accounts.
In a letter to Twitter advertisers on October 27, Musk reiterated his motivations for purchasing Twitter, saying that spoken communication it’s vital for the “future of civilization to own a standard digital city square” free from political polarization.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
— Elon Musk (@elonmusk) Oct 27, 2022
He more he purchased the platform “to facilitate humanity, whom I love” and enclosed his aspirations for Twitter to become the “most revered advertising platform within the world.”
Musk is tuned in to the “meme-ability” of the prolonged deal and was recorded walking into Twitter’s San Francisco headquarters on Gregorian calendar month. twenty six carrying a sink, tweeting “let that sink in” whereas conjointly dynamic his Twitter bio to “Chief Twit.”
Entering Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) Oct 26,2022
On Oct. 20, The Washington Post said Musk planned to chop up to 75% of Twitter’s workers, however a report from Bloomberg days later disclosed that Musk told Twitter workers on Gregorian calendar month. twenty six throughout his visit that the statements were false and he didn’t attempt to sack any workers. However, those at the highest of the Twitter tree have simply identified otherwise.