New Delhi: Breaking his silence, a defiant Twitter CEO Parag Agrawal has defined why a “lame-duck” CEO has made key modifications on the micro-blogging platform amid the $44 billion takeover by the Tesla CEO.

Stressing that “nobody at Twitter is working simply to keep the lights on,” he mentioned that quite a bit has occurred over the previous a number of weeks.

“I`ve been centered on the corporate and haven`t mentioned a lot publicly throughout this time, however I will now,” he mentioned in a tweet thread.

Agrawal has fired client product chief Kayvon Beykpour and head of income product Bruce Falck to “take the crew in a distinct path”.

“Changes impacting individuals are at all times onerous. And some have been asking why a “lame-duck” CEO would make these modifications if we`re getting acquired anyway. The brief reply could be very easy: We take pleasure in our work,” he added.

“Regardless of the corporate`s future possession, we`re right here enhancing Twitter as a product and enterprise for purchasers, companions, shareholders, and all of you,” Agrawal added.

On the $44 billion Musk deal, he mentioned: “While I anticipate the deal to shut, we must be ready for all situations and at all times do what`s proper for Twitter. I`m accountable for main and working Twitter, and our job is to construct a stronger Twitter each day.”

On hiring freeze and different cost-cutting measures he introduced, Agrawal mentioned: “Our trade is in a really difficult macro setting – proper now. I gained`t use the deal as an excuse to keep away from making vital choices for the well being of the corporate, nor will any chief at Twitter.”

Agrawal has mentioned that efficient this week, Twitter is pausing most hiring and backfills, apart from enterprise vital roles.

“What are you able to anticipate from me going ahead? I`m nonetheless centered on doing the job, and that features making onerous choices as wanted. I will proceed to embrace the deep complexities of our service and our enterprise. And you may anticipate extra change for the higher,” the Indian-origin CEO defined.

Musk has put the $44 billion Twitter deal quickly on maintain, as he desires to know what number of Twitter accounts are spam or faux earlier than he invests an enormous sum of cash.

The micro-blogging platform revealed in a submitting earlier this week that false or spam accounts represented fewer than 5 per cent of its monetisable each day lively customers (mDAUs) through the first quarter (Q1). 

 




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