Since he took over as CEO, Elon Musk has made a number of modifications to Twitter, together with an $8 Blue subscription that can even give prospects a blue tick. And the listing of modifications is not restricted to the platform itself, because the CEO can be planning a serious restructuring of his firm, with the report saying he might let go of as much as 25% of his workforce. We check out a number of the high executives who’ve resigned.
Parag Agarwal
Musk’s most vital choice was the sacking of CEO Parag Agarwal. According to some experiences, Musk was filled with let-off drama with Agarwal and three extra executives inside hours of finishing the acquisition — and even being taken out of the constructing. An IIT and Stanford alumnus, Agarwal joined the corporate in 2011, when it had only one,000 workers, and over time grew right into a safety of types for then-CEO Jack Dorsey.
Agarwal joined the corporate in 2011 when it had only one,000 workers (Express Photo)
Dorsey, whereas nominating Agarwal as his substitute as CEO, had lots to say about him, saying, “My trust in him as our CEO is very deep.” Unfortunately, the tenure solely lasted 11 months, in a matter of months, Elon got here into the image along with his grand plans to take over Twitter and ‘make it a greater place’.
While the enterprise magnate and CEO initially obtained alongside nicely, the previous additionally expressed how excited he was to work with Twitter and Agarwal, when Musk requested a query in April that Twitter was “dying. “So issues obtained unhealthy. Jack Dorsey reportedly tried to fix the connection between Musk and Agarwal, however to no avail.
Vijaya Gadde
Chief Legal Officer at Twitter, Vijaya Gadde dealt with points akin to harassment, misinformation and hurtful speech on the platform. His ouster was in no way stunning on condition that he and the brand new Twitter chief had had a number of variations up to now. Musk had beforehand criticized the New York Post’s choice to dam the Hunter Biden laptop computer story.
Vijaya Gadde is prone to be in line for a severance pay of $12.5 million (Image Source: YouTube)
Musk has additionally repeatedly expressed his dislike for Twitter’s present moderation coverage, and with Puddle on the forefront, it was clear he needed to depart. He’s probably in line for a severance pay of $12.5 million, although it might be in limbo proper now if experiences claiming he was fired turn into true.
Sarah Personals
Twitter’s chief buyer officer and considered one of its most senior workers, Sarah Persnet, stepped down on Friday after practically 4 years on the firm. She introduced her choice on Tuesday with a tweet: “Hello guys, I wanted to share that I resigned from Twitter on Friday and last night my access to work was officially cut.” He stated his entry to firm accounts was reduce off about 72 hours after he left the corporate.
Sarah Persnet was considered one of Twitter’s most senior feminine workers when she left
Persnet by no means defined why he resigned from Twitter. But on condition that the corporate’s workers are confused about their future and are below stress because of the deadline to implement a number of modifications, this might be a attainable cause.
Persnet started working at Twitter in October 2018 as Vice President of Global Client Solutions, after which he was promoted to CCO in August 2021. Prior to this, he additionally served as Facebook’s vice chairman of worldwide enterprise advertising for 3 years.
Ned Segal
Ned Sehgal was the Chief Financial Officer of Twitter from 2017 to 2022 and needed to break up from the corporate together with Gadde and Agarwal on October 27, 2022, following the acquisition of Elon Musk. He beforehand labored at Goldman Sachs and software program firm Intuit. He is ready to obtain a severance pay amounting to $25.4m.
Thursday completes 5 years @Twitter, I’m grateful to all our stakeholders for the chance to work with such an unimaginable group of individuals constructing the world’s city squares. The work just isn’t finished, however now we have made significant progress.
— Ned Segal (@nedsegal) 28 October 2022
The former CFO not too long ago modified his Twitter bio to a ‘present fan’ of Twitter.
Sean Edget
Former Twitter General Counsel Sean Edgett (Source: Edgett’s Twitter)
Sean Edgett was reportedly one of many officers who was unexpectedly evicted from Twitter headquarters. He was the General Counsel of the corporate. Ned Segal tweeted a suggestion for Edgett, asking employers to come back in an orderly row when hiring him: “This guy is a legend, he’s funny, a great friend, and the hardest moments I have the best cat. Start building an orderly line to hire him as GC, you want him in the trenches with you!”
With inputs from TheIndianEXPRESS
