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Two top Twitter executives to resign companyCurrently informing its employees in an internal memo that also discloses its backups. That’s according to The New York Times, which obtained
Two top Twitter executives to resign companyCurrently informing its employees in an internal memo that also discloses its backups.
That’s according to The New York Times, which obtained a copy of the document. Twitter’s chief executive Kayvon Beykpour will resign from his post, according to reports. Parag Agrawal, Twitter’s CEO, said in a statement that he will replace Jay Sullivan, interim general manager of consumer products.
“I’m taking my paternity leave to share some of the latest Twitter-related news: I’m leaving the company after more than seven years,” Beykpour said.
“The truth is that this was not how or when I dreamed of leaving Twitter, and it was not my decision. Parag asked me to leave after saying he wanted to take the team in a different direction. In this way, he stated in a broad thread that he also congratulated his successor.
Regarding his future, remember that he is still on paternity leave. “I’m looking forward to my first break since starting Periscope,” he said, referring to the video streaming app Twitter shut down in March 2021.
In a memo sent to employees by Agrawal, Twitter’s chief of revenues, Bruce Falck, will also be leaving his post.
Falck also went to the platform to say goodbye and thank his colleagues: “People I’ve had the chance to work with for the past 5 years. Building and running these businesses is a team sport.”
Agrawal capitalized on the memo to report that the platform is pausing most hiring and reducing discretionary spending. Although he assures that he is not planning layoffs.
According to The New York Times, Agrawal wrote that part of it was that the company missed its audience and revenue growth targets.
Last month, Musk, co-founder of electric vehicle company Tesla and owner of rocket company SpaceX, stirred up a deal to buy Twitter for $44 billion.
Musk, the richest man in the world, said he would turn Twitter into a private company and wanted to develop the product.
Source: El Nacional
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