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Twitter’s Parag Agrawal after firing prime execs: ‘Count on extra change for the higher’

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Twitter CEO Parag Agrawal has a put out a sequence of tweets explaining why he selected to fireside two prime executives on the firm, stating that he wouldn’t keep away from making troublesome discussions in regards to the firm simply because the social community was being acquired by Elon Musk.

Agrawal fired Kayvon Beykpour, who was head of Twitter Product and Bruce Falck, lead for income product on the firm. The Twitter CEO has stated he’ll proceed to make “exhausting choices as wanted,” and “embrace the deep complexities of our service and our enterprise. And you’ll count on extra change for the higher.”

It needs to be famous that Musk has stated he has put the Twitter acquisition deal on maintain, until it may be confirmed that solely 5 per cent of Twitter customers are bots or faux accounts as the corporate has claimed up to now. He has additionally stated he’s nonetheless dedicated to acquisition.

Agrawal’s choices to fireside two of the corporate’s prime executives throughout this acquisition interval has raised some questions. In Beykpour’s case, the manager was on paternity go away, and he additionally tweeted that it was the CEO who had requested him to depart the corporate. Beykpour has largely been credited with most of the new product initiatives at Twitter.

Agrawal fired Kayvon Beykpour, who was head of Twitter Product and Bruce Falck, who was lead for income product on the firm.(Picture credit score: AP)

However it appears Agrawal is now talking out to regulate a number of the narrative publish the acquisition, most of which has been managed by Elon Musk and his fixed tweets.

Agrawal wrote within the thread, “So much has occurred over the previous a number of weeks. I’ve been centered on the corporate and haven’t stated a lot publicly throughout this time, however I’ll now.” He then went on to handle the modifications to the management staff and that “some have been asking why a ‘lame-duck’ CEO would make these modifications if we’re getting acquired anyway.”

In line with Agrawal, whereas he expects the deal to shut, he harassed that he’s nonetheless “accountable for main and working Twitter,” and that nobody on the firm is simply working to maintain the lights on. “Individuals have additionally requested: why handle prices now vs after shut? Our trade is in a really difficult macro atmosphere – proper now. I gained’t use the deal as an excuse to keep away from making vital choices for the well being of the corporate, nor will any chief at Twitter,” he wrote.

Try his tweets

He additionally stated he may not be tweeting on the “‘matter of the day or the loudest sound chunk,” in a quite clear dig at Elon Musk, and that as an alternative, he would focus “on the continued, steady, and difficult work our groups are doing to enhance the general public dialog on Twitter.”

In line with earlier reviews, Agrawal is ready to achieve $42 million if his contract is terminated publish the Musk deal. Reuters has reported that Musk already has a alternative in thoughts for the Twitter CEO, although others have indicated the Tesla boss would possibly himself step in as an interim CEO ought to the deal undergo.



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