According to a media source, Twitter’s Indian-origin CEO Parag Agrawal and its senior legal executive Vijaya Gadde have been sacked by billionaire Elon Musk, who is now the company’s new owner.
According to a report by the New York Times, Musk completed the $44 billion purchase of Twitter on Thursday.
According to the story, Musk “has started cleaning house at Twitter with the firings of at least four key executives.” It cited people with knowledge of the issue.
Agrawal, Gadde, Chief Financial Officer Ned Segal, and General Counsel Sean Edgett are among the Twitter executives who were let go.
“At least one of the executives who was fired was escorted out of Twitter’s office,” the report said.
Following the resignation of co-founder Jack Dorsey from the social media platform, Agrawal was named CEO of Twitter in November of last year.
Agrawal, an IIT Bombay and Stanford alum, joined Twitter more than ten years ago when there were fewer than one thousand people working there.
“Agrawal, who was appointed Twitter’s chief executive last year, had clashed” with Musk “publicly and privately in recent months about the takeover,” the NYT report said.
Musk had also “singled out” Gadde, “criticizing her for her role in content moderation decisions at the company”, it added.
Hyderabad-born Gadde led the controversial decision to permanently suspend the former US President Donald Trump’s Twitter account in January of last year, just days after pro-Trump protesters attempted to overthrow the government at the US Capitol.
Musk met with engineers and advertising executives after arriving at the company’s San Francisco headquarters on Wednesday.
The 51-year-old has pledged to change Twitter by relaxing the rules governing content moderation, improving algorithm transparency, fostering subscription businesses, and firing staff members.
Musk attempted to leave the agreement at one point, but this month, when he was facing legal repercussions for his withdrawal attempt, he recommitted to it.
The simple part was overspending $44 billion on Twitter Inc.
Elon Musk, the CEO of Tesla Inc., must now justify his belief that Twitter is worth ten times as much and revive a social media site that he has been disparaging for months.
