Agarwal on Saturday made a number of tweets on the adjustments happening within the firm and his staff and defined why these adjustments are being made at a time when Tesla CEO Elon Musk is believed to be taking up the corporate.
Twitter CEO Parag Agarwal removes 2 top officers, also bans appointments in the company
This prolonged publish of Agarwal comes a day after two senior executives of the corporate have been fired. In the meantime, Elon Musk has introduced that Twitter’s $44 billion deal is at present on maintain till knowledge on faux accounts is discovered.
So much has occurred over the previous a number of weeks. I have been centered on the corporate and have not stated a lot publicly throughout this time, however I’ll now.
— Parag Agrawal (@paraga) May 13, 2022
Agarwal wrote in one among his tweets, “Some persons are asking why a ‘lame-duck’ CEO is making this modification when Twitter goes to be acquired anyway?”
We introduced adjustments to our management staff and operations yesterday. Modifications impacting persons are at all times onerous. And a few have been asking why a “lame-duck” CEO would make these adjustments if we’re getting acquired anyway. The brief reply may be very easy:
— Parag Agrawal (@paraga) May 13, 2022
In response, Parag wrote, “The brief reply may be very easy: Whereas I anticipate the deal to shut, we nonetheless have to be ready for all eventualities and at all times do what’s proper for Twitter. I’m chargeable for main and working Twitter, and our job is to make Twitter stronger daily.”
Twitter deal on hold now, Elon Musk reveals
He additional wrote, “Nobody at Twitter is working simply to maintain the lights on. We’re happy with our work. Whatever the future possession of the corporate, we’re right here to create a product for purchasers, companions, shareholders and all of you.” And we’re continuously bettering Twitter as a enterprise.” The Twitter CEO stated he would “not use the deal as an excuse to keep away from making necessary choices.”
Nobody at Twitter is working simply to maintain the lights on. We take satisfaction in our work. Whatever the firm’s future possession, we’re right here bettering Twitter as a product and enterprise for purchasers, companions, shareholders, and all of you.
— Parag Agrawal (@paraga) May 13, 2022
“I’ll proceed to embrace the deeper complexities of our service and our enterprise. You possibly can anticipate change for the higher,” the Twitter CEO stated. He additional wrote, “I can even attempt to convey extra transparency in my work. You’ll not see tweets by me on ‘subject of the day’ or loudest sound bites, however public conversations on our groups Twitter on ongoing, steady and difficult work.” Working to make it higher.”
He additionally thanked your entire Twitter staff. He praised the staff on Twitter, writing, “They stand robust and centered, quick and agile. They’re working as normal.”
Lastly – a lot gratitude for our complete Twitter staff. They’ve stood robust and centered, sharp and agile. They have been doing the work, as they at all times have. Onward.
— Parag Agrawal (@paraga) May 13, 2022
Twitter not too long ago agreed to be acquired by Tesla CEO Elon Musk for US$44 billion, though it’s nonetheless topic to shareholder approval. In the meantime, Elon Musk has introduced that the $44 billion takeover bid of the micro-blogging website is at present on maintain. Twitter shares fell practically 20 per cent in pre-market buying and selling on Friday after Musk introduced a halt to the Twitter deal.
Musk stated earlier this week that Twitter’s choice to ban former US President Donald Trump was a mistake and that he would reverse it if his acquisition of the social media firm is profitable.
