Twitter has a new brand custodian – Elon Musk!
& Elon Musk Taking over Twitter comes with it’s repercussions with top executives, including CEO – Parag Agrawal being fired!
As per The Washington Post –
“The three top Twitter executives were hastily shuttled from the building, the people said.”
Those moves were not unexpected, given Musk’s previous criticisms of Twitter executive team, including Agrawal and Gadde by name. And they’re unlikely to be the last, with recent reports suggesting that Musk is aiming to cull up to 75% of Twitter current staff to cut costs and re-focus the app.
Though Musk claims that this number never came from him, and that he has no real number in mind for staff cuts. But cuts there will be, while the loss of experienced, skilled managers and leaders from the company’s ranks will also have significant impacts on how it operates, and evolves moving forward.
Their exit form the company is disappointing indeed! However, we can’t comment on what plans does Musk have for the future of the witty social media platform. Only time will unfold.
Meantime, we will keep you updated on any changes as they develop.
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