Elon Musk’s first move after taking control of Twitter? Firing the company’s top brass.
Musk, the world’s richest man, took control of the social media giant on Thursday night, and immediately went to task changing the company from within. His first move was to fire CEO Parag Agrawal, CFO Ned Segal, and head of legal policy, trust, and safety Vijaya Gadde, all of whom were reportedly escorted by security out of Twitter’s San Francisco headquarters.
Musk’s $44 billion purchase of Twitter caps off a months-long legal back and forth between the company’s brass and the eccentric billionaire.
Earlier Thursday, Musk reassured advertisers that Twitter would not become a free-for-all under his ownership.
“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk wrote.
“There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society,” he added.
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3 Responses
Firing the company’s top brass. So well deserved for their reprehensible despicable shocking behavior of obliterating the venerated President Donald Trump שליט”א from their forum
where a wide range of beliefs can be debated in a healthy manner Absolutely!! Including President Donald Trump שליט”א
Don’t feel too bad for these 4 now unemployed Twitter execs. They will share nearly $78 million in severance payments under the change-in-control provisions of the sale agreement. That doesn’t include several hundred million dollars in accumulated stock etc.
The big question is how far Musk is willing to go in a censorship-free mode of moderation. If he was smart, he would hire Mod 29 to manage postings but alas, I’m told that he couldn’t match YWN’s compensation packages.
@Gadolhadorah Nice One!