Twitter CEO Has Begun Dumping Top Execs And Freezing Hiring

It seems that current Twitter CEO Parag Agrawal is doing Elon Musk’s bidding even though the deal for Musk to buy Twitter isn’t done as far as I know. According to The Verge, this is happening:

The first move came as consumer product leader Kayvon Beykpour announced on Twitter that current CEO Parag Agrawal “asked me to leave after letting me know that he wants to take the team in a different direction.” 

Bruce Falck, the general manager of revenue and head of product for its business side, confirmed in a (now deleted) tweet that he was also fired by Agrawal.

Now Jay Sullivan, who we spoke to in March about Twitter’s plans to add 100 million daily users, will take over as both the head of product and interim head of revenue. These moves are occurring at the same time Elon Musk moves forward with his $44 billion purchase of Twitter, although he hasn’t taken ownership of the company yet.

Then this is also happening:

Twitter spokesperson Adrian Zamora confirmed the changes, saying in a statement to The Verge, “We can confirm that Kayvon Beykpour and Bruce Falck are leaving Twitter. Jay Sullivan is the new GM of Bluebird and interim GM of Goldbird. Effective this week, we are pausing most hiring and backfills, except for business critical roles. We are pulling back on non-labor costs to ensure we are being responsible and efficient.”

If you’re a Twitter employee, this is sure to send you running for the exits. But it should not be a surprise since Musk has said that he wants to slash jobs as part of his master plan. I fully expect that more news like this is inbound over the coming days. So stay tuned.

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