Topic: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO - page 2. (Read 614 times)

I mean if you already have some CEO candidate in your mind, that would be good enough reason to fire someone, let alone the fact that the one he fired was openly attacking Elon until he bought it, so it was reasonable to fire him as well. Elon has just one problem, and I know it's not easy but it could be done somehow, which is not combining all of his projects together, if he tied them down it would be a lot smarter.

Imagine one company that owns solar city, tesla, spacex and twitter at the same time (and any other if he owns), they are still different companies, just owned by one big larger company, which would really work out better for him and he would have easier time handling it from one headquarters instead of going into each of them.

And he doesn't need these people as he wanted to make the business runs in his new way with a new set of people that he knows will follow and support his plan. That will also be my decision if I was in his position as this might creates some misunderstanding and miscommunication if the old organization remains. But to start with a new one is just like moving for another game plan. Elon Musk is not new in business, not even new in social media, and we knows he can take risk at all cost.

There should be no surprise. Elon was very clear even before the takeover about his intentions. He one put up a tweet (in reply to someone who asked him what was the biggest issue with Twitter) where he claimed that there are 10 staff who manage for every staff who does the coding. And animosity between guys such as Parag and Vijaya with Elon was also quite public. For now, Elon Musk is the new Twitter CEO. For other posts, it may take some time to find suitable replacements and fill the vacancies.

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Do you think firing the CFO and CEO will create a lot of panic among the employees in twitter and it will create a sense of fear in terms of job security?  Let's see how it will affect Twitter in the mid to long term.

By the way, has he announced the new CFO / CEO for Twitter, or the positions are vacant for now?

From what I read from mainstream media, these guys (Parag, Vijaya.etc) left with a fat paycheck. But nonetheless, their firings will be beneficial to Twitter in the long term. The first tweet that Elon put up after taking over Twitter was that "the bird has been set free". And this is exactly what happened. People like Parag and Vijaya were censoring anything that even remotely resembled right-wing viewpoint in Twitter, while protecting all the hate-speech (including calls for genocide) that was coming from the rabid left.

Now Elon Musk officially bought Twitter and the initial impact is that Doge prices have gone up more than 140% in a week, this is because the Twitter plan that will receive doge for transactions and I'm sure will have a positive impact on the market.

I don't think we're in any position to decide if it's right or wrong, or criticize his decision. The company is now his and he alone decides what is right and what is wrong for it.  but one thing I know is whenever ownership of a company a business is transferred to another person, the lay off of some staffs in some key positions is usually expected. It is usually a strategic decision to bring people that you're certain will be loyal to you and will also share in your vision for the company.

Firing the two Top empolyee is one of the best things Musk can do - many people are very happy with his decision

He can do whatever he wants.Its his company and he had completely bought it.Whatever decisions he would make then there would be no someone could able to oppose with that. If he do find out that there are things turns out to be that offensive or something he doesnt like then he would do make out decisions on whats inside his mind.Fire or hiring someone on said position then it would be his choice.Now that Twitter is owned by Elon now then lets see on what are the huge changes and overhaul that he would be making with this platform or company.

But people are excited about learning that CEO and CFO has been fired from twitter soon after the Musk joined the Twitter headquarter
And he has also resorted the Trump account and seems like it will give Trump great benefit as the midterm elections are round the corner

Well according to the blog post "Elon Musk has officially become the owner of Twitter after the acquisition closed on Thursday. As reported by Reuters, Twitter’s CEO and CFO, who allegedly provided very little information and provided misinformation, was terminated from the contract and expelled from the head office.
On October 27, billionaire Elon Musk officially became the new owner of social media platform Twitter with a bid of $ 44 billion. The deal was completed after a long time when Elon Musk repeatedly changed his mind about the acquisition and went through a legal battle between the two sides.
Elon immediately fired the company’s executives and chief financial officers, Parag Agrawal and Ned Segal, and other issues. Legal issues and policy director Vijaya Gadde. These are the people Musk alleges they misled him and Twitter investors about the number of fake accounts on the social media platform".

Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

What are your thoughts?
 

Actually the freedom of speech part is the advertising to keep the people focused on something nice.
Meanwhile, in the background, the monetization is the important part. Firing staff, charging 20$ every month for those who want the "verified" mark are the first steps in that direction.
If anybody thought Elon buys Twitter do good for others, it's dreaming. He bought it as a business to earn him money.

He really meant about freedom of speech and he is not joking. His declaration about twitter monetization is also important

We here on the forum making arguments over Elon Musk and his terminations, meanwhile those guys got fired but were compensated with 100 million dollars. 

They be like what the hell, retirements came in real early. Who cares if they were fired or not I was able to tweet anyways. Twitter has no more function than that.

That’s big cream layer up there and big thick base down there, better skip to the good part and keep tweeting.

That's dope and badass. Well, he's now the new boss and owner and he can do whatever he wants, be it with operations, employees and as in everything from the management. With all of those political issues and there's a very big chance that he's building it up for the next election.
But the biggest one are those contents and tweets that are made about woke's political agenda. I've seen folks that are happy with his taking over and that issue is about to be solved by him and Twitter is going to be back on its form like it's for everyone and freedom.