13.9 C
Tuesday, May 17, 2022
Home Tech Twitter fires two executives and freezes hiring amid uncertainty over Elon Musk...

Twitter fires two executives and freezes hiring amid uncertainty over Elon Musk purchase


Twitter has today fired two executives amid a reorganization that will also see the company freeze hiring amid ongoing uncertainty surrounding a potential buyout by Tesla CEO Elon Musk.

The news began to spread after product lead Kayvon Beykpour announced on Twitter that the current “had asked him to leave.” Twitter CEO Parag Agrawal. That’s the same Agrawal that Musk has already made noise about replacing if his purchase goes through. Beykpour was on paternity leave at the time of the dismissal.

Next, the edge reported that Bruce Falck, general manager of revenue and the person in charge of the product in terms of business users, was also fired by the CEO. Falck confirmed the dismissal in a tweet that has now been deleted.

The Verge has ever since good luck from a note Agrawal sent to Twitter employees, confirming the layoffs and suggesting it was because the goals had “reached intermediate milestones that give confidence” in the company’s ability to meet them.

A Twitter spokesperson has also confirmed that Twitter has frozen hiring unless a position is deemed critical.

Twitter spokesman Adrian Zamora confirmed the changes, saying in a statement to The Verge, “We can confirm that Kayvon Beykpour and Bruce Falck will be leaving Twitter. Jay Sullivan is the new general manager of Bluebird and interim general manager of Goldbird. As of This week, we are pausing most hiring and replenishments, except for business-critical roles. We are reducing non-labor costs to ensure we are accountable and efficient.”

Twitter is currently in the midst of a sale to Musk from Tesla, with a total of $44 billion set to change hands, assuming the deal goes through. If so, Agrawal is expected to no longer remain in his place, while talk of Twitter co-founder Jack Dorsey’s return could still prove profitable.


Please enter your comment!
Please enter your name here