Report Wire - Twitter CEO Parag Agrawal says two leaders will depart firm, hiring paused

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Twitter CEO Parag Agrawal says two leaders will depart firm, hiring paused

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Twitter CEO Parag Agrawal says two leaders will depart company, hiring paused

Twitter Chief Executive Parag Agrawal introduced in an electronic mail to staff on Thursday, which was seen by Reuters, that the corporate’s leaders for the patron division and income will depart the social media firm.

The information comes as billionaire entrepreneur Elon Musk is working to shut a $44 billion deal to accumulate Twitter. Agrawal additionally stated within the electronic mail that Twitter would pause most hiring and would evaluation all present job provides to find out whether or not any “should be pulled back.”

Kayvon Beykpour, who leads Twitter’s client division, stated in a tweet thread on Thursday that his departure was not his resolution.

“Parag asked me to leave after letting me know that he wants to take the team in a different direction,” Beykpour tweeted.

Bruce Falck, who leads income product at Twitter, will depart after 5 years on the firm. In a tweet on Thursday, Falck thanked his staff and companions at Twitter.

“We were able to achieve the results we did through your hard work – – quarterly revenue does not lie. Google it,” he tweeted.