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Twitter’s top brass gutted as Elon Musk’s takeover begins

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Elon Musk reportedly completed his $44 billion acquisition of social media platform Twitter on Oct. 27, beginning his tenure at the company by cleaning the house at the senior management level.

CEO Parag Agrawal, CFO Ned Segal, and head of legal and policy Vijaya Gadde have been fired, accusing Musk of misleading him about the number of spam accounts on the platform, according to multiple outlet sources. reported to have been

Agrawal and Segal were ‘escorted’ from the company’s headquarters when the deal closed, according to Reuters sauce.

Musk used to tried to withdraw He accused Twitter of making “false and misleading statements” about the number of spam and fake accounts in its deal to acquire Twitter in July.

With the deal closed, Musk is looking to turn the platform into a bastion of free speech, change algorithms to prevent political echo chambers, and remove all fake and spam accounts.

In an open letter to Twitter advertisers on Oct. 27, Musk further reiterated his motives for acquiring Twitter, stating, “The future of civilization will have a common digital town square free from political polarization. It is important to have a

He added that he bought the platform “to help the human race that I love,” and wrote of his desire for Twitter to become “the most respected advertising platform in the world.”

Related: How Crypto Twitter Will Change Under Musk’s Leadership

Musk is aware of the “memetic potential” of the long-running deal, walking into Twitter’s San Francisco headquarters on Oct. 26 and changing his Twitter bio to “Chief,” tweeting, “Let it sink.” The state of changing to “Twit” was filmed.

Washington Post, October 20 report Musk had planned to cut up to 75% of Twitter’s staff, but report A few days after Bloomberg revealed that Musk had told Twitter staff during a visit on Oct. 26 that the statements were false and that he had no plans to fire staff. Some people have found that this is not the case.

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