Elon Musk fired Twitter executives, including CEO Parag Agarwal
Big News Elon Musk fired Twitter executives, including CEO Parag Agarwal. After completing the $44 billion Twitter deal and making it the Elon Musk Company, Elon Musk is on the list of layoffs. including the company’s CEO.CFO and policy chief.
Musk visited Twitter headquarters yesterday and several reports claim that this happened when all these executives were also present at the headquarters.
Elon Musk Replaces Twitter CEO By Deal Completion
On Thursday, Elon Musk fired Twitter’s fourth CEO, Parag Aggarwal, and Ned Segal, who was chief financial officer. according to a Wall Street Journal report.
As I mentioned above. Elon Musk visited Twitter headquarters in San Francisco the same day he was shot. and he was also in the building, so security kicked him out. according to The Verge. .
General counsel Sean Edgett and Vijay Gode, Twitter’s policy chief, have also now been fired by Musk. Vijaya Gude was also criticized earlier by Elon Musk after the news organization’s account was inappropriately taken down.
In addition, these executives also received large payouts when they were fired, and Parag received more payouts than any other executive, as Business Insider shared.
For accurate figures. Parag received $38.7 million USD, Ned Segal $25.4 million USD. Vijaya Gadde $12.5 million USD, and Chief Customer Officer, Sara Personet $11.2 million USD.
Separately. Twitter co-founder Buzz Stone did not seem too happy about the deal. and shared a tweet thanking all the executives who fired Musk.
After all, it was the dirtiest acquisition deal we’ve ever seen. In case you don’t remember, let me tell you. Musk pitched the deal in April, which wasn’t the original start of the acquisition.
And as October rolls around, that means it’s been about seven months. and in those seven months. we seen several phases of legal activity. deal cancellations, Twitter bots. and compromises.