Elon Musk completed the Twitter acquisition deal on Thursday. As soon as he got ownership of the company, Musk has shown the way out of many top executives including CEO Parag Agarwal. Musk has accused top Twitter executives of misleading him.
Elon Musk completed the Twitter acquisition deal on Thursday. As soon as he got ownership of the company, Musk has shown the way out of many top executives including CEO Parag Agarwal. Musk has accused top Twitter executives of misleading him.
There will be a large number of layoffs on Twitter
Elon Musk has made it clear that he plans to cut the company's employees. Due to this the employment crisis will arise in front of about 7,500 employees on Twitter. He also said on Thursday that he did not buy Twitter to make more money, but to try to help humanity.
Misleading about the number of fake accounts
According to information provided by people close to Musk, he has shown the exit of Twitter CEO Parag Agarwal, Chief Financial Officer Ned Segal, and Legal Affairs and Policy Chief Vijaya Gadde. Musk has alleged that several top officials, including Agarwal, tried to mislead him about the number of fake accounts on the social media platform. Agarwal and Segal were working at Twitter's San Francisco headquarters. They were thrown out after the purchase deal was completed.
Twitter purchase deal was full of controversies
Twitter's 44 billion buy deal was fraught with controversy. Many times there was doubt about whether Elon Musk would complete this deal or not. Recently, Musk was given time till Friday to complete the deal. Which he was warned that, if he is unable to do so, then legal action will be taken against him.
Also Read: Musk arrives at Twitter Headquarters with a sink: Changed his Twitter handle bio to 'Chief twit'
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