May 29, 2023

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Twitter’s future in the dark under Musk: CEO Parag Agrawal tells employees

Twitter Inc Chief Govt Parag Agrawal instructed staff members on Monday that the long term of the social media business is unsure after the deal to be taken personal less than billionaire Elon Musk closes.

He was talking throughout a company-extensive town hall meeting that was listened to by Reuters.

Musk will be part of Twitter workers for a query-and-response session at a later on date, the organization instructed personnel.

As Agrawal listened to staff concerns about Musk’s designs for the organization, the likelihood of layoffs and the board’s rationale for the offer, he deferred quite a few thoughts as ones that should really be requested of Musk.

Musk has claimed he believes Twitter really should be a platform for cost-free speech. Staff asked Agrawal regardless of whether former U.S. President Donald Trump, who was permanently suspended from Twitter past 12 months, would be permitted to return once Musk can take over.

“Once the deal closes, we really don’t know which direction the platform will go,” Agrawal stated, referring to the concern about Trump. “I believe that when we have an prospect to converse with Elon, it really is a problem we should handle with him.”

Agrawal also instructed staff members there ended up no ideas for layoffs.

Bret Taylor, chair of Twitter’s board of directors, aimed to reassure staff members that the settlement with Musk prioritized “running continuity” till the offer was shut.

“I imagine we truly feel quite at ease that (the offer) provides this workforce the means to proceed to make the business prosperous in amongst signing and closing the transaction,” Taylor mentioned.