After taking over the command of Twitter , the company's new boss Elon Musk has taken many big decisions. Recently, news was coming out that Elon Musk may start a massive layoff in the company soon, but let us tell you that Elon Musk has denied all these news coming out by tweeting from his official Twitter account, easy language. In other words, these reports have been justified.
Elon Musk denied this
Let us tell you that Elon Musk has denied the New York Times report that surfaced some time ago, in which it was claimed that Twitter could be trimmed before November 1. It was being said that after this date, if any employee is shown the way out of the company, then Twitter may have to give stock grants as compensation to that employee.
Let us tell you that recently a Twitter user tried to know the reaction by tagging Elon Musk citing this report of New York Times, on this tweet, Elon Musk revealed this by tweeting from his official Twitter account saying that it is wrong.
Recall that on October 29, a New York Times report mentioned that after the acquisition of microblogging site Twitter, the company's new boss, Elon Musk, had asked the managers to prepare a list. In this list, the names of those employees were sought who could be retrenched and fired.
As soon as he took command, the blame fell on these officers.
Sources familiar with the situation said in a conversation with Reuters that after the acquisition, Musk fired three top executives, including CEO Parag Agarwal, CFO Ned Sehgal and Legal Affairs and Policy Chief Vidya Gadde, on charges of misleading him and the firm's investors. The way out has been shown.
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