One of the world’s richest, Billionaire Elon Musk bought Twitter a few days ago. After doing this, Twitter employees are constantly worried about losing their jobs. As far as job cuts are concerned, Twitter CEO Parag Agrawal has assured us that nothing like this is happening. But, a new report tells a different story. According to this, Elon Musk is going to replace Parag Agarwal. Last month, Tesla CEO Musk told Twitter Chairman Brett Taylor that he did not trust the company’s management.
He had given indications of restructuring at the management level here. Let us tell you that Parag was made the CEO of Twitter in November last year. If the report is believed, sources close to you have been informed that Musk has already lined up a new chief executive officer for Twitter after completing a $44 billion sale deal later this year. Will replace Agarwal.
Parag Agrawal will get $43 million if removed.
Parag Agrawal, who replaced Jack Dorsey as CEO last November, is expected to continue his role until the deal between Musk and Twitter is in full swing. Earlier, Musk would have to pay $43 million if he fired Agrawal within 12 months. Twitter employees were in turmoil after Elon Musk bought Twitter. Parag Agrawal has demanded to calm the employees’ anger during the company’s meeting.
Twitter’s legal head, Vijaya Gadde, may also be discharged
It has also come to the fore that Elon Musk is not happy with Twitter’s legal head Vijaya Gadde and he may soon sack her too. The New York Post report has revealed that Musk reportedly plans to sack Vijaya Gadde.
If he is removed from the post, it is believed that he will get an amount of 12.5 million dollars. Last week, 48-year-old Gadde reportedly broke down while addressing colleagues about the future of Twitter. Gadde currently earns about $17 million a year and is one of the highest-paid executives in the company.