Twitter's new CEO, Elon Musk, dismisses Parag Agrawal as CEO.
San Francisco: Tesla CEO Elon Musk has officially taken over as Twitter's CEO, and his first task was apparently to replace the company's policy director Vijaya Gadde, chief financial officer Ned Segal, and CEO Parag Agrawal, who is of Indian descent.
Agrawal and Segal have departed the business' San Francisco offices and won't be coming back, according to a CNBC story on Friday that cited sources.
According to The Washington Post, Gadde, the director of legal policy, trust, and safety, was also let go.
According to Insider, Musk also let go of Twitter's senior counsel Sean Edgett and chief customer officer Sarah Personette.
Musk sacked many executives, and they all earned hefty compensation.
According to Insider, Agrawal received $38.7 million, Segal $25.4 million, Gadde $12.5 million, and Personette $11.2 million.
Jason Calacanis, a business associate of Elon Musk, said: "Day zero. Boys, sharpen your knives.
It appears that Twitter's servers are still operational. Calacanis threw in.
He had before said to Musk, "Becoming the CEO of Twitter is my ideal job."
Musk explained to advertisers on Thursday why he is finally buying Twitter, saying that he wants the service to be the most reputable advertising platform in the world where users of all ages can watch movies or play video games.
He stated that Twitter cannot turn into a free-for-all hellscape where anything can be uttered without repercussions in a letter to advertisers.
Musk wrote to his more than 110 million followers, "In addition to abiding by the laws of the land, our platform must be warm and welcoming to all, where you can choose your desired experience according to your preferences, just like you can choose, for example, to watch movies or play video games ranging from all ages to mature.
According to him, acquiring Twitter was motivated by the notion that "it is crucial to the future of civilization to have a shared digital town square, where a wide variety of opinions may be argued in a healthy manner, without resorting to violence."
On Wednesday, he went to Twitter's San Francisco offices carrying a kitchen sink.