Elon Musk reportedly fires top Twitter executives as he takes over company

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The $44bn deal will give world’s richest man control of influential social media platform with more than 230m users

Elon Musk has reportedly completed his $44bn takeover of Twitter, taking control of the company and firing several of the company’s top executives, including CEO Parag Agrawal.

Multiple outlets reported on Thursday evening that several senior figures had been ousted as Musk finalized the deal, including Agrawal, Ned Segal, the chief financial officer, and Vijaya Gadde, the head of legal policy, trust and safety. Agrawal and Segal were in Twitter’s San Francisco headquarters when the deal closed and were escorted out, Reuters reported.

A sense of confusion hung over the deal on Thursday night, however, with neither Twitter nor Musk immediately confirming the firings. Musk, who had earlier changed his Twitter bio to “Chief Twit”, tweeted about SpaceX but did not mention his new acquisition or the dismissals after the news broke. The reported firings follow news that Musk planned to eliminate nearly 75% of Twitter’s staff in an effort to pay down the company’s debt.Musk

 

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