Senior executive shakeups, mass employee layoffs and resignations, major advertisers halting their ads—it is safe to say nothing about Elon Musk’s acquisition of Twitter has gone smoothly from the start.
Just days after finalizing his purchase of the platform for $44 billion on Oct. 27, Musk began his tenure as the social media giant’s new chief executive by immediately axing top management, including his predecessor CEO Parag Agrawal; Chief Financial Officer Ned Segal; Vijaya Gadde, head of legal, policy, trust, and safety; and General Counsel Sean Edgett. Additionally, in a securities filing, Musk announced the dismantling of Twitter’s nine-member board and that he “became the sole director.”
