• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • Say Maaate to a Mate
    • Daily Ladness
    • Lad Files
    • UOKM8?
    • FreeToBe
    • Extinct
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
Several top executives at Twitter have been 'fired' after Elon Musk completed his takeover

Home> News

Updated 05:07 28 Oct 2022 GMT+1Published 05:01 28 Oct 2022 GMT+1

Several top executives at Twitter have been 'fired' after Elon Musk completed his takeover

The tech billionaire has wasted no time now that he's the social media platform's owner.

Stewart Perrie

Stewart Perrie

Several top Twitter executives have reportedly been fired moments after Elon Musk completed his takeover of the social media company.

It's been a bloodbath at the top levels of Twitter, with American news outlets reporting some of the biggest roles are now vacant.

The New York Times, The Washington Post, CNN and others say Twitter’s chief executive, Parag Agrawal, chief financial officer, Ned Segal, top legal and policy executive, Vijaya Gadde, and general counsel, Sean Edgett, have all been booted.

Advert

Sources within the company say at least one of the executives had to be escorted out of the building.

LADbible has reached out to Twitter for comment to confirm the allegations.

The bloodbath at the highest echelons of Twitter came as it was confirmed Musk had finalised his deal to buy the company at the 11th hour.

Musk's company Neuralink is behind the grim experiments.
Kristoffer Tripplaar / Alamy

Twitter investor Ross Gerber, chief executive of Gerber Kawasaki Investments in California, told the BBC that the deal is now done.

Advert

"I think the court pushed him over the line," he said.

"Quite frankly, this has sort of been a disaster from the beginning, of course, starting off very aggressively courting Twitter in a way that really forced Twitter to the table... then getting all upset and having a public spat over what to me was pretty well known issues."

There has been a lot of speculation about why Musk wanted to buy one of the biggest social media platforms.

He's repeatedly said it's about ensuring free speech remained a priority at society's 'town hall'.

However, he elaborated on his vision for the company in a post on Twitter earlier this week.

Advert

He explained: “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence.”

Musk added: "I didn’t do it because it would be easy. I didn’t to it to make more money. I did it to try to help humanity, whom I love.”

Now that Agrawal, Segal, Gadde and Edgett are reportedly gone, the bloodbath at Twitter could continue.

According to documents seen by The Washington Post, Musk could oversee the firing of up to 75 per cent of Twitter’s 7,500 workers, which will reduce its staff to just over 2,000 people.

Advert

The company was apparently planning to decrease its payroll by USD $800 million (AUD $1.2b or £714m) by the end of next year, which would subsequently cut almost a quarter of its workers.

Bloomberg reported earlier in the year that Musk told investors in his initial pitch that he planned on laying off a significant portion of the company's staff.

Featured Image Credit: dpa picture alliance / Alamy Stock Photo. Stanislav Kogiku / SOPA Images/Sipa USA

Topics: Elon Musk, Twitter, Social Media, News

Stewart Perrie
Stewart Perrie

Stewart Perrie is a Senior Journalist at LADbible. Stewart has covered the conflict in Syria for LADbible, interviewing a doctor on the front line, and has contributed to the hugely successful UOKM8 campaign. He is in charge of the LADbible Australia editorial content and social presence.

X

@stewartperrie

Advert

Advert

Advert

Choose your content:

11 hours ago
12 hours ago
  • 11 hours ago

    World's 'first flying car' is going on sale much sooner than you think

    Flying cars are still something for the future, but apparently the rapidly approaching future

    News
  • 11 hours ago

    Experts issued warning over certain tattoo colour that could increase risk of deadly disease

    There can be some long-term health risks to going under the tattoo needle

    News
  • 11 hours ago

    Man who didn't sleep for a record 264 hours suffered from horrendous and potentially deadly side effects

    He smashed the record but suffered dangerous side effects in the process

    News
  • 12 hours ago

    The targets Iran could strike as it issues chilling threat to UK amid ongoing conflict

    The world isn't feeling particularly safe right now

    News
  • Donald Trump fires brutal ‘derangement’ shot at Elon Musk following social media feud
  • Elon Musk hit back at hacking group Anonymous after they issued warning about his plans for Twitter
  • Elon Musk admits regret after dropping 'really big bomb' claim on Donald Trump during social media spat
  • Donald Trump makes feelings on Elon Musk clear with brutal comment and social media reposts