CEO Parag Agarwal Fired By Elon Musk After Twitter Take OverThangaraja Palaniappan (Author) Published Date : Oct 28, 2022 17:54 IST
The world's richest man, Elon Musk, has completed his $44bn takeover of Twitter. Elon Musk fired two top Indian officials on the first day.
While Elon Musk's Twitter company's primary objective is to provide equal freedom of expression to everyone in the community, there is also a huge business and revenue-generating plan behind it. On the first day of taking over Twitter, Elon Musk fired three high-level executives, two of whom are Indian, which is shocking.
Elon Musk, who took over Twitter on Wednesday, made it clear that he has no plans to lay off 75 per cent of his employees but has kept secret about the layoffs of top executives.
A day before the court deadline, Elon Musk took over Twitter CEO Parag Agarwal, Chief Financial Officer Ned Segal and Vijaya Gade, head of legal policy, trust and security, have been fired from Twitter.
Parag Aggarwal was announced to receive $1 million in annual salary and $12.5 million in restricted stock units over 16 quarters when he took over as CEO. But the sad thing is that his CEO post did not last even a year. Following this, Vijaya Gade, head of legal policy, trust and security at Twitter, left the job soon after Elon Musk took over.