Newly acquired by Tesla’s CEO, Elon Musk, Twitter saw the layoff of its top executives including CEO Parag Agrawal, policy chief Vijaya Gadde and CFO Nel Segal.
After months of negotiations and disagreements, Elon Musk finally acquired Twitter and immediately hit headlines by firing top executives of Twitter, two of which are of Indian-Origin.
As soon as Elon Musk acquired Twitter, he did what many were speculating would happen and that is firing CEO Parag Agarwal, Twitter’s legal head and policy maker Vijaya Gadde and Chief Financial Officer Nel Segal. The deal is reported to be sealed at $44bn.
This piece of news has spread like a wildfire, and has received divided reactions. Some hail the move of Elon Musk, while others are showing concerns about freedom of expression and Twitter becoming a toxic space.
Leaked chats of Elon Musk have revealed that Parag Agarwal and Elon Musk relations have strained over a period of time, especially during the negotiations. Though appointed as CEO in November 2021, after Jack Dorsey stepped down as the CEO, Parag Agarwal was associated with Twitter for nearly 11 years. As he joined Twitter when it was still a new entity as a Distinguished Software Engineer. Parag Agrawal’s alma mater includes the Indian Institute of Technology (IIT)-Bombay. PhD in Computer Science from Stanford University.
Vijaya Gadde, on the other hand, was Legal, Public Policy & Trust and Safety Lead at Twitter, has also been terminated. She has a degree from Cornell University and New York University School of Law. She joined Twitter as Legal director and rose to the level of policy maker on Twitter.
Twitter has also been at logger heads with the Indian Government for its policies and it received heavy criticism from a large section of people when the Twitter account of then U.S President Donald Trump was banned. Both the executives are entitled to receiving a hefty amount after their termination as Parag Agrawal could receive a compensation of USD 42 mn and Vijaya Gadde would also receive a severance package.