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Elon Musk finally owns Twitter, top layoffs begin

Elon Musk terminates Twitter CEO Parag Agrawal, CFO Ned Segal, and legal affairs and policy manager Vijaya Gadde

The acquisition of Twitter by Elon Musk , which started with bickering on Twitter in the past months and became official with offers , and then went to court with the conflicts experienced , was finally completed. Elon Musk on Twitter, “The bird has been freed.” shared a meaning. 

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If you remember, we conveyed to you that Elon Musk wanted to lay off 75 percent of Twitter’s 5,600 employees . This shows that more than 2,000 employees will leave Twitter. With the completion of the deal, layoffs began. Elon Musk has terminated the contracts of  Twitter CEO Parag Agrawal, Twitter CFO Ned Segal, and Twitter head of legal affairs and policy Vijaya Gadde .

 

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Earlier, Elon Musk accused this management team of misleading him and Twitter investors regarding fake and bot accounts on the social network . Sources close to the matter state that Agrawal and Segal were at Twitter’s San Francisco headquarters at the time of the completion of the acquisition agreement and were escorted out of the office by security . 

 

 

 

Elon Musk, who went to Twitter’s head office for the first time on Wednesday, entered the door with the sink in his lap to refer to the fact that Twitter executives should digest the issue. Changing his Twitter bio to “Chief Twit”, Musk calmed down employees who were afraid of losing their jobs and advertisers who were afraid of sudden algorithm changes. 

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