Twitter CEO Parag Agrawal told employees Monday that the company’s future is uncertain following its acquisition by Ilon Musk.
Ilon Musk teased that he would soon meet with Twitter employees for a question-and-answer session. When Agrawal listened to staff questions about Musk’s plans for the company, the possibility of layoffs, and the board’s rationale for the deal, he said those questions should be asked of Musk.
After the deal closes, we don’t know what direction the platform will go. “I think that when we get a chance to talk to Ilon, we should discuss the issue with him.
Joking about “Twitter’s New Board of Directors”
Parag Agrawal also told employees that the company was not planning layoffs. Bret Taylor, chairman of Twitter’s board of directors, tried to assure employees that the agreement with Musk prioritized “continuity of work” until the deal closed.
I think we feel very comfortable because the deal gives this team the ability to continue to make the company successful between signing and closing the deal.
As we previously reported, the U.S. fears a rise in disinformation on Twitter following the purchase of the social network by Ilon Musk.