Twitter: Two executives fired just before Elon Musk takeover

Twitter, in the process of being acquired by Elon Musk, announced on Thursday the departure of two senior executives from the group and the suspension of all non-essential hiring.

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Kayvon Beykpour, consumer manager, and Bruce Falck, head of revenue-generating products, are “leaving Twitter,” a spokeswoman confirmed in a message to AFP.

Mr. Beykpour, who notably supervised the engineering, design and customer service teams, stressed on the social network that it was not about his decision.

The company’s general manager, Parag Agrawal, “asked me to leave after letting me know that he wanted to take the team in a different direction,” he wrote, recalling that he was on paternity leave.

In addition to the departures of these two officials, Twitter plans to cut spending.

“As of this week, we are suspending most hiring and replacements, except for business-critical positions,” the spokeswoman said.

“We are reducing non-wage costs to ensure we are responsible and efficient,” she added.

The social network’s board of directors accepted Elon Musk’s $44 billion buyout offer at the end of April.

The entrepreneur wants to make it a bastion of freedom of expression, suggesting for example on Tuesday that he was ready to lift the permanent suspension of Donald Trump’s account decided after the attack on the Capitol.

On the very operation of the company, he also mentioned the end of spam and advertising, “open source” algorithms and the diversification of sources of income without however having presented a global strategy to the general public for the moment.

According to The New York Times, he claimed in an investor presentation that he could grow the company’s revenue fivefold by 2028, drastically increasing subscription revenue and driving the number of subscribers to a new level. active users from 217 million at the end of 2021 to 931 million in 2028.

Shortly after the agreement with management, the whimsical boss had offended many employees of the social network by publicly mocking company executives.

Parag Agrawal then tweeted his support for the San Francisco group’s employees, writing: “I’m proud of the people who continue to do the job with focus and determination despite the noise all around.”

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