Twitter takeover on hold but CEO Parag Agrawal won’t use deal to stop making important decisions
India Today
Unfazed by all the happenings in Twitter, company CEO Parag Agrawal in a series of tweets has detailed how he plans to make changes in the company, regardless of ownership.
Twitter’s future is ambiguous. The company has ousted two core members- Kavyon BeyKpour and Bruce Flack, who were spearheading the product team. More layoffs might take place in the future.Amid all the drama that has taken place in Twitter in the past few days, Elon Musk has announced that $44 billion Twitter deal has been put on hold. Now, with his latest revelation, Musk has raised fresh doubts about whether he will proceed with the Twitter acquisition. Unfazed by all the happenings in Twitter, company CEO Parag Agrawal in a series of tweets has detailed how he plans to make changes in the company, regardless of ownership.
Agrawal noted on Twitter that he is focused on the development of the company and said that Twitter needs to be prepared for all scenarios and always do what’s right for Twitter. “No one at Twitter is working just to keep the lights on. We take pride in our work. Regardless of the company’s future ownership, we’re here improving Twitter as a product and business for customers, partners, shareholders, and all of you,” Agrawal tweeted.
Agarwal’s post came a day after he fired two senior executives of the company, Kavyon BeyKpour and Bruce Flack. “We announced changes to our leadership team and operations yesterday. Changes impacting people are always hard. And some have been asking why a “lame-duck” CEO would make these changes if we’re getting acquired anyway,” he tweeted.
A day after two top Twitter executives were removed from the company, Musk also announced that his $44 billion deal has been put on hold. He tweeted saying that the deal is on hold because he is awaiting details that spam/fake accounts represent less than 5 per cent of users. Undeterred by what Musk plans to do with Twitter, Agrawal said that he "won't use the deal as an excuse to avoid making important decisions”.
Agrawal reiterated that he is only focusing on the job of leading the company and said that more changes can be expected in the future. "So what can you expect from me going forward? I'm still focused on doing the job, and that includes making hard decisions as needed. I will continue to embrace the deep complexities of our service and our business. And you can expect more change for the better," he wrote.
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