Indian origin Twitter CEO Parag Agrawal and the legal head Vijaya Gadde have left Twiiter as Elon Musk took charge of Twitter, according to Indian news agency ANI.
However, US media, The Washington Post and CNBC reported late Thursday that Musk sacked chief executive Parag Agrawal, as well as the company’s chief financial officer and its head of legal policy also an Indian Vijaya Gadde who was Twitter’s legal, public policy, and trust and safety lead, citing unnamed sources.
A Bloomberg report suggests that the Chief Financial Officer Ned Segal and Sean Edgett are on the list. Segal had joined Twitter in 2017; and Edgett has been general counsel at Twitter since 2012.
Agrawal was the one who pursued the deal and its follow-up after Musk backed out from the deal initially. He was also at the centre of the allegations made against Twitter, by Musk claiming that the platform is hiding the number of bot accounts.
Agrawal had taken been appointed as CEO last year in November after he took the reins from Jack Dorsey, the co-founder of the company. Elon publically had criticised the leadership of the company even when he held majority stake (9 per cent).
Agrawal went to court to hold the Tesla chief to the terms of a takeover deal he had tried to escape. The reports came hours before the court-appointed deadline for Musk to seal his on-again, off-again deal to purchase the social media network.
Musk tweeted on Thursday that he was buying Twitter “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.”
Last week, a report claimed that Musk is planning to cut down 75 per cent of the workforce at Twitter after the takeover. While it may seem that the process has begun, Musk assured the employees of the micro-blogging site that he doesn’t plan to remove 75 per cent of the workforce. However, that definitely doesn’t mean that he won’t trim down Twitter’s current headcount.