Twitter: Now the command is in the hands of Elon Musk only, all the directors have been laid off, Musk said this on the matter of retrenchment of employees
Tesla owner and world’s richest man Elon Musk has been taking tough decisions since taking over Twitter
The popular social media platform Twitter is witnessing many changes after the world’s richest man Elon Musk took over. Elon Musk took over Twitter on October 28. It was only after becoming the owner that he terminated Twitter CEO Parag Agarwal, CFO Ned Segal and Legal Affair-Policy Head Vijaya Gadde from the company. Not only this, Musk got him out of the company headquarters.
Elon Musk becomes one man army
Taking a big action, Twitter’s new boss Elon Musk has removed all board directors. With this, he has taken the command of the company in his hands. Now Musk has become the sole director of the company. After taking over Twitter, Musk had removed several executives including CEO Parag Agarwal and now Musk has also discharged all the board directors of the company. Now Elon Musk is the only director of Twitter. It is believed that Musk has taken this step to strengthen his monopoly on Twitter. In the absence of anyone on the board of directors, now he will be able to take decisions of his own free will.
statement from the company
Let us tell you that this has been confirmed by issuing a statement on behalf of the company on Monday. According to the information revealed by the company, according to the terms of the merger agreements, all the board directors of Twitter are removed. In this way, former CEO Parag Agarwal and chairman Brett Taylor, who were recently fired from the company, will also cease to be directors of the company. According to this statement, now Elon Musk will be the sole director of Twitter.
employees may have leave
Let us tell you that according to the report of a local news agency, it is being said that Musk can show the way out of 25 percent of Twitter’s employees. Close aides of Elon Musk have been seen discussing with the remaining senior Twitter executives over the weekend, in addition to Twitter’s content moderation, the issue of laying off 25 percent of its employees. According to the information, the team is preparing to lay off about a quarter of the more than 7,000 employees in the first round of layoffs, which will be from almost all departments.
Musk denied this news
However, no official information has been revealed on this issue and Elon Musk denied the news of layoffs. In response to a Twitter user tweeting about the layoffs, Elon Musk’s response was that he had dismissed the news as false.
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