Elon Musk sacks top executives after taking over Twitter

Elon Musk sacks top executives after taking over Twitter

Elon Musk, the richest man in the world, finally bought Twitter for $44 billion, ending months of speculations and controversies. The takeover however comes with a reported sacking of Twitter's top executives.

After much discussion and controversy, Elon Musk took over Twitter. It is also reported that senior officials including the CEO have been dismissed.

Elon Musk, the richest man in the world, bought Twitter for $44 billion.

After Elon Musk took over Twitter, there were reports that Twitter Chief Executive Officer Parag Agarwal was fired.

Several other senior officials have been sacked, according to various media reports.

Musk has reportedly fired the chief financial officer (CFO) and head of policy trust safety.

When Musk entered into a deal to acquire Twitter in April, there were rumours that CEO Parag Agarwal would be fired.

Announcing the Twitter acquisition, Musk said that having a common digital town square is essential to the future of civilization. Their diverse beliefs can be discussed in a healthy way. It was written on Twitter.

A few months ago, Elon Musk decided to acquire Twitter and entered into a $44 billion deal with the company. But after Twitter failed to provide information about the fake accounts, Musk backed out of the deal.

Twitter approached the court questioning Musk's decision to withdraw from the contract. Musk decided to go ahead with the contract again while the trial was going on in court.

Elon Musk has previously been reported to have told critics that he plans to lay off 75% of the company's workforce if he takes over Twitter.


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