Tesla CEO Elon Musk fired several top Twitter executives after officially taking control of the company Thursday night. He added that he will not immediately lay off 75% of the employees.

Twitter CEO Parag Agrawal, CFO Ned Segal, and head of legal policy, trust and security Vijay Gadde have been sacked, FOX Business cited verified whistleblowers. Musk accused all three of misleading him and investors due to the number of fake accounts on the platform.

The move comes after Musk closed a $44 billion deal to buy Twitter, ending a months-long story that began in April. Musk withdrew from the deal in July, accusing the company of not providing enough information about bot accounts.

A lawsuit was filed and resulted in a Delaware judge ordering both parties to close the settlement by October 28. Earlier this month, Musk offered to fulfill his bid to buy Twitter for $44 billion. Twitter management agreed.

On Wednesday, Musk entered the company’s San Francisco headquarters with a porcelain sink and changed his Twitter profile to Chief Twit. On Thursday, Musk said he bought the platform to help humanity and didn’t want it to turn into “free hell”.

I bought Twitter because it is essential for the future of civilization to have a shared digital town square where a wide range of beliefs can be discussed in a healthy nonviolent way. There is now a danger that social media will split into echo chambers of the far right and the far left, creating even more hate and dividing our society. elon musk