Bhubaneswar: CEO Parag Agrawal has finally opened up on the recent changes at Twitter after the $44 billion dollar acquisition of the microblogging platform by SpaceX and Tesla CEO Elon Musk.
A day after two senior Twitter executives were fired, Agrawal shared his thoughts in a long thread.
“No one at Twitter is working to keep the lights on,” he said.
He said he “won’t use the deal as an excuse to avoid making important decisions”.
He ended the thread by vowing to enhance transparency in the medium and increase the quality of public conversation. Expressing gratitude to his team at Twitter, he lauded their sharp work, focus and agility.
We announced changes to our leadership team and operations yesterday. Changes impacting people are always hard. And some have been asking why a “lame-duck” CEO would make these changes if we’re getting acquired anyway. The short answer is very simple:
— Parag Agrawal (@paraga) May 13, 2022
No one at Twitter is working just to keep the lights on. We take pride in our work. Regardless of the company’s future ownership, we’re here improving Twitter as a product and business for customers, partners, shareholders, and all of you.
— Parag Agrawal (@paraga) May 13, 2022
People have also asked: why manage costs now vs after close? Our industry is in a very challenging macro environment – right now. I won’t use the deal as an excuse to avoid making important decisions for the health of the company, nor will any leader at Twitter.
— Parag Agrawal (@paraga) May 13, 2022
So what can you expect from me going forward? I’m still focused on doing the job, and that includes making hard decisions as needed. I will continue to embrace the deep complexities of our service and our business. And you can expect more change for the better.
— Parag Agrawal (@paraga) May 13, 2022
I will also try to bring more transparency to the work that we do. You won’t see tweets from me on the ‘topic of the day’ or the loudest sound bite, but rather on the ongoing, continuous, and challenging work our teams are doing to improve the public conversation on Twitter.
— Parag Agrawal (@paraga) May 13, 2022
