Tuesday, May 21, 2024
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Elon Musk Buys Twitter

After months of troubles, resistance and efforts, Tesla CEO Elon Musk has subsequently added Twitter into the list of companies he owns. The new owner entered the Twitter headquarters with a sink in his hands and went on to rejoice the purchase by firing CEO Parag Agrawal.

Apart from the newly appointed CEO Agrawal, Musk also fired a variety of different executives which include the chief financial Officer Ned Segal, well known recommend Sean Edgett, chief client officer Sarah Personette and even Twitter’s policy chief Vijaya Gadde, who has been criticized by using Musk on numerous activities.

According to news reviews, a variety of those personnel had been present inside the construction at the time Musk made his access. Upon their termination, numerous of those personnel had been escorted out of the building via security guards.

All of the fired employees, but, had been given handsome payouts. Agrawal were given $38.7 million, Segal were given $25.4 million, Gadde got $12.5 million, and Personette were given $eleven.2 million.

Musk’s story of purchasing Twitter is a protracted and complicated one, the billionaire first introduced to shop for the organization in April. but after just one month, Musk decided to back out of the deal. Fast forward to October, he modified his thoughts once more and owns the agency now.

After acquiring Twitter, Musk has been making some funny tweets and amusing about the complete scenario. “The bird is freed” wrote Elon Musk on his Twitter these days, referring to him buying Twitter.

People, especially active Twitter customers, are thinking about Musk’s plans with the employer; others are involved in the modifications in an effort to include him being the CEO. According to Musk additional plans on firing a huge part of Twitter’s staff hence we will count on a Twitter worker layoff somewhere within the close to future.

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