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Twitter CEO tells employees no layoffs planned ‘at this time’ following Elon Musk buyout
The Verge ^ | 4/25/2022 | By Alex Heath and Mia Sato

Posted on 04/25/2022 3:07:10 PM PDT by NohSpinZone

Twitter CEO Parag Agrawal didn’t have many concrete answers for staff about what will happen once Elon Musk takes over the company later this year. During a virtual all-hands call Monday, hours after the company announced it had agreed to be bought by Musk for $44 billion, Agrawal fielded questions on the future of his job, the company’s board, and possible layoffs.

Layoffs aren’t planned “at this time,” Agrawal said, according to a person who heard the remarks and who asked to remain anonymous. Agrawal also said that he’d remain as CEO until the deal’s close, but he didn’t comment about what would happen after that. The company’s board will dissolve once the deal closes, said Brett Taylor, the board’s independent chair.

“There is indeed uncertainty about what will happen after the deal closes,” Agrawal told staff.

(Excerpt) Read more at theverge.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events
KEYWORDS: deal; elon; elonmusk; layoffs; musk; twitter; zottherussiantrolls
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To: NohSpinZone

I hope Pierogi is the first to get the axe 🪓.


21 posted on 04/25/2022 3:24:09 PM PDT by beaversmom
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To: NohSpinZone

Agrawal needs to be firmly canceled, with prejudice.


22 posted on 04/25/2022 3:26:18 PM PDT by Paladin2
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To: DouglasKC

Do we really have enough hazmat cleanup guys and gals to do their thing after all the exploding leftists that would ensue?


23 posted on 04/25/2022 3:27:38 PM PDT by beaversmom
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To: NohSpinZone

When was the last time there was a buyout with no layoffs? Musk just ponied up $45 million for a barely profitable enterprise. He and his fellow investors will want their money back.


24 posted on 04/25/2022 3:29:18 PM PDT by DoodleDawg
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To: NohSpinZone

Read this article. It predicts what will happen and its scary. Hope it doesn’t come true.

https://www.revolver.news/2022/04/elon-musk-buy-twitter-free-speech-tech-censorship-american-regime-war/


25 posted on 04/25/2022 3:32:57 PM PDT by consult
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To: NohSpinZone
layoffs
26 posted on 04/25/2022 3:33:38 PM PDT by SimpleJack
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To: NohSpinZone

Well the Twitter board is getting fired. Musk already said that !


27 posted on 04/25/2022 3:34:21 PM PDT by Newbomb Turk
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To: NohSpinZone

When a CEO says “No layoffs planned”, dust off the old resume.


28 posted on 04/25/2022 3:36:49 PM PDT by glorgau
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To: NohSpinZone

Starbucks is hiring.


29 posted on 04/25/2022 3:37:54 PM PDT by Signalman
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To: Secret Agent Man

“Maybe they can land a job at Tinder or Grindr...”

They undoubtably can, but,

eeeww

(ok, breathe, bad thoughts out, breathe, good thoughts in, repeat...)


30 posted on 04/25/2022 3:38:50 PM PDT by A strike (The DeepState/Uniparty doesn't only hate Trump, they hate US)
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To: NohSpinZone

“Twitter CEO tells employees no layoffs planned ‘at this time’ following Elon Musk buyout”

but Agrawal added: “However, everyone in the Censorship Department would be wise in updating their resumes and get them into circulation ASAP to beat the rush.”


31 posted on 04/25/2022 3:39:46 PM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: NohSpinZone

Angry Twitter staff are told in emergency meeting that their jobs are only safe for six months until Musk completes his $44bn takeover as they demand to know if they will be forced to return to office

https://www.dailymail.co.uk/news/article-10751017/Elon-Musk-seize-Twitter-TODAY-talks-reach-final-stages.html


32 posted on 04/25/2022 3:40:04 PM PDT by RummyChick
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To: cp124

Infinity up votes !!


33 posted on 04/25/2022 3:41:53 PM PDT by A strike (The DeepState/Uniparty doesn't only hate Trump, they hate US)
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To: NohSpinZone

Nuke it from orbit.


34 posted on 04/25/2022 3:42:25 PM PDT by StolarStorm
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To: RummyChick

At this hour on Twitter they just posted that Twitter had accepted the bid from Elon Musk and changed the trending headline from “Donald Trump found in contempt” to just “Donald Trump.”


35 posted on 04/25/2022 3:45:47 PM PDT by Luke21
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To: NohSpinZone
First requirement: Memorize, and adhere to, the former U.S. Constitution...
36 posted on 04/25/2022 3:48:32 PM PDT by SuperLuminal (Where is another Sam Adams now that we desperately need him?)
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To: NohSpinZone

37 posted on 04/25/2022 3:51:24 PM PDT by mac_truck (aide toi et dieu t'aidera )
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To: DoodleDawg

BILLION !!


38 posted on 04/25/2022 3:53:35 PM PDT by I am Richard Brandon
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To: consult

What part of this article is scary to you?

Are you saying restoring Constitutionally protected freedom of speech and thought would scare you?


39 posted on 04/25/2022 3:55:47 PM PDT by SuperLuminal (Where is another Sam Adams now that we desperately need him?)
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To: NohSpinZone

Mr. Musk, I’m sure Free Republic could be purchased for under $2 billion.

A ten percent commission would be gratefully received.


40 posted on 04/25/2022 3:56:01 PM PDT by Brian Griffin
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