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Friday, June 9, 2023

Twitter fires executives ahead of Elon Musk

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The company is also suspending recruitment of new employees.

Elon Musk is likely to take full control of Twitter soon. Meanwhile, the company is undergoing changes in the highest authorities. Two people have already said goodbye to directorships, although according to information provided by Twitter, this is not related to a potential takeover of the company by Musk.

Twitter fires directors

The first CEO to leave Twitter was Kaiwon Beikpour. He tweeted that he was leaving the company after seven years and that it looked like he had no idea he was leaving. Beikpour wrote that the current president of Parag Agrawal only told him that he needed to leave because he wanted to “lead the team in a different direction”.

Kayvon Beikpour joined Twitter in 2015 when the company acquired video streaming app Periscope. After the introduction of this technology in the Twitter application, Periscope was closed, and Bakpour took over as director of product development.

The second CEO to say goodbye to Twitter was Bruce Falk, who was in charge of revenue and the business side. One of the reasons for the dismissal of Falck is the failure to meet financial targets and the growth in the number of users. Twitter has planned to grow by 100 million users, or 50 percent, by the end of 2023. Current state.

It has been announced that Twitter will be taken over by Elon Musk, who is currently gathering people to add to the $44 billion bill. That’s how much it will cost Musk to buy the remaining shares of Twitter. After the buyout, Musk wants to make Twitter a “bastion of free speech.”

Collected: Boleslav Brechko
Source: WPROST.pl

Source: Wprost

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