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Twitter CEO Parag Agrawal has provided a detailed post on the recent changes in his team and why he made them at a time when Tesla CEO Elon Musk is set to acquire the microblogging site. The lengthy post came just after Twitter fired two top officials and Mr Musk announced that his $44 billion acquisition of the site is on hold while he awaits data on fake accounts. A lot has happened in the last few weeks. I’ve been focused on the company and haven’t said much in public, but I will now.
“Some have asked why a ‘lame-duck’ CEO would make changes if we’re going to be acquired anyway,” Mr Agrawal said.
Yesterday, we announced changes to our management team and operations. Changes that affect people are always difficult. Some have questioned why a “lame-duck” CEO would make these changes if we were going to be acquired anyway.
“The short answer is: while I anticipate the transaction to close, we must be prepared for any scenario and always do what is best for Twitter. I’m responsible for leading and trying to operate Twitter, and our job is to make it better every day “He tweeted about it.
Nobody at Twitter works solely to keep the lights on. We are proud of our work.
We’re here to improve Twitter as a product and company for customers, partners, shareholders, and all of you, regardless of the company’s future ownership.
“Nobody at Twitter works solely to keep the lights on. We are proud of our work. We’re here to improve Twitter as a product and company for customers, partner organisations, shareholders, and all of you, regardless of the company’s future ownership “He continued.
Twitter’s CEO went on to say that he “will not use the deal as an excuse to avoid making decisions.”
People have also asked why manage costs now rather than after the sale. Our industry is currently operating in a very difficult macroenvironment. I, nor any other Twitter leader, will use the agreement as an excuse to avoid making critical decisions for the company’s health.
“People have also asked why manage costs now rather than after the sale.” Right now, our industry is operating in a very difficult macroenvironment. “Neither I nor any other Twitter leader will use the deal as an excuse to avoid making critical decisions for the company’s health,” he wrote.
Mr Agrawal went on to say that he is “focused on doing the job,” and that “more positive change is on the way.”
So, what can you expect from me in the future? I’m still focused on doing my job, which includes making difficult decisions when necessary. I will continue to embrace the intricacies of our service and business. And more positive change is on the way.
