Twitter CEO Explains Why He’s Shaking Up Leadership Ahead of Musk Deal

  • Twitter CEO Parag Agrawal has not been active on Twitter since the purchase of Musk.
  • agrawal in a wire referred to Twitter’s hiring hiatus, saying he expected the deal to go through.
  • “I will not use the deal as an excuse to avoid important decisions for the health of the company,” he wrote.

Twitter CEO Parag Agrawal hasn’t been very vocal on his Twitter account since Elon Musk made an offer to buy Twitter for $44 billion in late April, but that changed on Friday.

“A lot has happened in the past few weeks. I have focused on the business and have not said much publicly during that time, but I will now,” said Agrawal. wrote

In a lengthy Twitter thread, he discussed Twitter’s real freeze, saying he expected Musk’s deal to continueamong other topics.

The world’s richest man and future owner of Twitter said on Monday the deal had been cut “pending details to support the calculation that spam/fake accounts do indeed represent less than 5% of users,” but added later. that he still intended to complete the purchase.

Musk has waged a crusade against spam bots, promising to “authenticate all people”. But as Variety pointed out, Twitter has been using the 5% figure in financial deposits since it went public in 2013, and it’s possible Musk is just looking for a way out with the way things are going.

On Thursday, Agrawal emailed staff, saying the company plans to suspend hiring in addition to vital positions, may withdraw offers already out, and two top executives to leave.

And that was just this week’s drama. Agrawal has been relatively quiet on his account in recent weeks through a myriad of moments online, from Musk tweeting about his employees to Musk’s ideas for the company coming out.

In Friday’s thread, Agrawal twice discussed answering questions about his decision making lately.

“Some have wondered why a ‘lame-duck’ CEO would make these changes if we were acquired anyway,” he wrote.

It wasn’t exactly clear who he was referring to, but that of CNBC Scott Wapner responded to the first Tweet in Agrawal’s thread asking just that, for example.

The answer, Agrawal continued (responding only to himself) is, “We have to be prepared for all scenarios and always do what’s right for Twitter.”

Agrawal added that he and the rest of the Twitter leaders would not use Musk’s impending property to “avoid major decisions for the health of the company” as tech companies like Twitter are currently in a “challenging macro environment” while stocks plummet and peer Facebook freezes hiring.

At the end of the thread, he said people can expect more communication from him but not “the loudest sound bite” and by thanking his existing staff.

Twitter did not immediately respond to a request for comment.

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