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Twitter changes its executive leadership after Musk’s takeover bid

Latest NewsTwitter changes its executive leadership after Musk's takeover bid

Twitter application on the screen of a mobile phone on April 25.Gregory Bull (AP)

Twitter chief executive Parag Agrawal announced to his staff this Thursday in an email that Reuters had access to that those in charge of the consumption and revenue departments would leave the company that owns the social network in what is being interpreted as a shock wave from the acquisition process. Elon Musk company.

Agrawal also said in an internal filing that Twitter will suspend most planned hirings and review all existing job offers to determine “whether any should be withdrawn,” although the company is not currently considering layoffs, The New York newspaper reported. once. Part of the restructuring is because the company fell short of its audience and revenue growth goals, as did the rest of the tech companies, all of which were major players in April’s stock market crash.

Kaiwon Beikpour, who has until now headed the consumer division of Twitter, said on the same social network Thursday that his departure from the company was not his decision. “Parag asked me to leave after he informed me that he wanted to give the team a different direction. [ejecutivo]Bakpur tweeted.

Bruce Falk, head of revenue who has been with the company for five years, also turned to Twitter. In a tweet, Falk thanked his team and his colleagues on Twitter this Thursday for the cooperation. “We have been able to achieve the results we have achieved thanks to your hard work; quarterly earnings don’t lie,” he tweeted.

Beipur will be replaced by Jay Sullivan. “Having the right leaders at the right time is critical,” Agrawal stressed in his address to the workforce. “Sullivan’s product vision, ability to inspire, move fast and drive change is what Twitter needs now and in the future,” are words confirming Bakepur’s forced departure.

Palo Alto’s top moves come as the Tesla and SpaceX founder is still seeking funds to raise $44 billion to acquire Twitter (the deal is expected to close in the coming months). And just two days after the tycoon, considered the world’s richest man, announced he intends to override a veto on former President Donald Trump, who was ousted for good after the January 2021 Capitol Hill storming, his supporters are. Trump refused in principle to return to the little blue bird herd, as he already has his own platform: Social Truth.

He thoroughly knows all sides of the coin.

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During the Twitter crackdown, Musk openly criticized his top executives, especially for their decisions to moderate posts on the platform. The mogul, who presents himself as an apostle of free speech, has announced that he will remove the barriers to restarting the network and thus quintuple his income in 2028, as well as expand the user base to 931 million over the period, from 27 million he had at the end of last year.

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