Shortly after his remarkable arrival at the premises of Twitter with a sink in your handsElon Musk announced the completion of his takeover of the social network and, in the process, fired several company executives.
After long months of reversals of situation and conflicts, the billionaire made the decision to finally complete the acquisition of Twitter for 44 billion dollars. “ The bird is free “, he tweeted shortly after his takeover…
No time to procrastinate
The first decisions of the leader of Tesla and SpaceX were taken in stride. The CEO. of Twitter, Parag Agrawal, along with its chief financial officer, Ned Segal, were both fired by Musk and escorted out of the firm’s headquarters by security. Vijaya Gadde, the company’s political officer, who is notably behind the suspension of Donald Trump’s account, also took the door. Sean Edgett, the general counsel, and Sarah Personette, chief account officer, have also been removed from their positions.
Elon Musk must meet with Twitter employees on October 28 to explain his vision for the project, and it is possible that there will also be unpleasant surprises for them. Last week, we learned that the businessman was planning to part with 75% of the employees of the social network. If he has since reconsidered his remarks, the dismissal of hundreds of workers still seems inevitable.
In text messages revealed in the context of the trial which was to be held between Elon Musk and Twitter, where he exchanged with one of his friends, Jason Calacanis, we learn that the billionaire plans to force the return to work in person for employees of the company, who can for the moment choose teleworking. This decision would lead to the resignation of 20% of the company’s employees, said the entrepreneur in his messages.
What will become of Twitter?
Although he wanted to reassure advertisers about his choice to buy Twitter, Elon Musk still remained vague about his real ambitions with the platform. One thing is certain: the moderation rules should be reviewed to become more flexible. Indeed, Musk promotes freedom of expression and the first amendment of the United States.
In addition, he mentioned plans to reduce expenses and increase the company’s income, for example by charging a “ low cost to governments and companies wishing to use the social network. Also, Musk has made no secret of his long-term ambitions for the platform, which he would like to integrate into a super-application similar to WeChat in China, which offers many different services.
Sources: The Verge, CNBC
32