It’s official. After an extended legal back-and-forth, plenty of speculation, and plenty more memes, Elon Musk is now in charge of Twitter for the low, low price of US$44 billion. His first order of business? Firing CEO Parag Agrawal and CFO Ned Segal, both of whom were reportedly escorted from the company’s San Francisco headquarters.
According to The Washington Post, top legal and policy executive Vijaya Gadde as well as general counsel Sean Edgett have also been shown the door. At this stage, it’s unclear who the “Chief Twit” will name as the leadership team’s successors.
While this may all seem a bit extreme, at one stage, the culling was on track to be a lot worse a la Entourage’s Ari Gold post-Terrance McQuewick agency acquisition.
RELATED: 27-Year-Old Tech Billionaire Gives Elon Musk A $40 Million ‘Fuck You’
Initially, multiple headlines indicated Musk intended to purge as much as 75% of Twitter’s workforce or around 5,600 employees. Obviously, this wouldn’t have been sustainable from an operational standpoint, which is why Musk has since decided to back off and chill TF out.
So what else can we expect from Elon Musk’s reign?
Earlier this week, the oft-controversial billionaire published a message intended to reassure advertisers that the social media platform wouldn’t devolve into “a free-for-all hellscape where anything can be said with no consequences.”
RELATED: Elon Musk Made A $100 Million Mistake Publicly Firing An Employee On Twitter
“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” said Elon Musk.
“There is currently great danger that social media will splinter into far-right wing and far left-wing echo chambers that generate more hate and divide our society.”
What a time to be alive.
