Elon Musk, Tesla CEO, fired many of the top Twitter employees after taking control of the company Thursday evening.
FOX Business was informed that Twitter CEO ParagAgrawal and CFO Ned Segal, as well as Vijaya Gande, head of legal policy and trust, had been fired by a source. Musk had accused them both of misleading investors about the number fake accounts on the platform.
Sources familiar with the matter stated that Segal, Agrawal, and Gadde were evacuated out of the building after their firings.
Musk previously stated that he intends to reduce Twitter’s staffing to approximately 75% from about 7,500 to around 2,000 employees.
FOX Business reached to Twitter for comment, but they didn’t respond.
After Musk’s $44billion deal to acquire Twitter, this was the end. The end of a frustrating and long-running saga that began in April when Musk signed the original deal to buy Twitter. Musk pulled out after complaining that the company did not provide enough information about bot accounts.
After much legal turmoil, a Delaware judge set Oct. 28 as the deadline for both sides to close the deal. Musk had originally offered to buy Twitter for $44 Billion. Twitter accepted Musk’s offer.
Musk carried a porcelain sink with him when he entered the San Francisco headquarters. Musk also switched his Twitter account to Chief Twit, and tweeted: “Entering Twitter Headquarters — Let that sink in!”
Musk said that he purchased the platform to help humanity on Thursday, and that he didn’t want it to turn into an “all-for all hellscape.”
Musk stated, “I bought Twitter because it was important for the future civilization that there be one common digital square where diverse beliefs can be debated in a healthy manner without resorting to violence.”
He stated, “There is a danger social media could be split into far right and far left-wing echo chambers that create more hatred in our society.”