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Twitter CEO Warns Staff That The Company Is In The Dark About Its Future Under Musk


26/04/2022


Twitter CEO Warns Staff That The Company Is In The Dark About Its Future Under Musk
Twitter Inc Chief Executive Officer Parag Agrawal told employees of the company on Monday that the social media company's future is currently unknown, in reference to the plans to take the social media firm private under billionaire Elon Musk is completed.
 
According to reports, Agarwal was addressing at a company-wide town hall meeting.
 
Musk is slated to join Twitter employees for a question-and-answer session at a later date, according to the firm.
 
As Agrawal listened to the concerns expressed by the employees of Twitter with regards to Musk's ambitions and plans for the company, the prospect of layoffs, and the ocmpany’s board's reasoning for agreeing to sell off the company to Musk, Agarwal deflected several of the questions and concerns to Musk.
 
Musk has stated that he believes Twitter should be a free expression platform. Employees questioned Agrawal about whether former United States President Donald Trump, who was permanently banished from Twitter last year, would be able to re-join the micro blogging platform after Musk taking charge of the company.
 
"Once the deal closes, we don't know which direction the platform will go," Agrawal said, while referring to the question regarding Trump.
 
"I believe when we have an opportunity to speak with Elon, it's a question we should address with him."
 
Agrawal also informed employees that no layoffs were planned as of yet and according to his knowledge.
 
Bret Taylor, the chair of Twitter's board of directors, sought to reassure the company’s employees that the agreement with Musk prioritised "operational continuity" until the transaction was completed.
 
"I think we feel very comfortable that (the deal) gives this team the ability to continue to make the company successful in between signing and closing the transaction," Taylor said.
 
(Source:www.moneycontrol.com)