Twitter CEO tells staff no layoffs deliberate ‘right now’ following Elon Musk buyout

A photo illustration of Twitter CEO Parag Agrawal
Picture Illustration by Alex Castro / The Verge

Twitter CEO Parag Agrawal didn’t have many concrete solutions for workers about what’s going to occur as soon as Elon Musk takes over the corporate later this 12 months. Throughout a digital all-hands name Monday, hours after the corporate introduced it had agreed to be purchased by Musk for $44 billion, Agrawal fielded questions on the way forward for his job, the corporate’s board, and potential layoffs.

Layoffs aren’t deliberate “right now,” Agrawal stated, in response to an individual who heard the remarks and who requested to stay nameless. Agrawal additionally stated that he’d stay as CEO till the deal’s shut, however he didn’t remark about what would occur after that. The corporate’s board will dissolve as soon as the deal closes, stated Brett Taylor, the board’s impartial chair.

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