CEO Parag Agrawal dismisses Twitter headlines for products and revenue, suspends hiring

This was expected to happen, but not soon. Even before Elon Musk’s contract was terminated, top executives on Twitter left the company. Consumer Twitter product manager Kayvon Beykpour and general revenue manager Bruce Falck announced their departure.

Beyppour took to Twitter to announce his departure after seven years at the company. In a shocking revelation, Beykpour said Parag Agrawal had asked him to leave as the CEO wanted to take the party to another side.

“The truth is that this is not how I thought and when I left Twitter, and this was not my decision. Parag asked me to leave after informing me that he wanted to take the party to another side,” Bekpour wrote on Twitter. He thanked Twitter founder Jack Dorsey for supporting him.

Falck, who has been with Twitter’s for 5 years, also announced his departure by tweet. “I wanted to take a moment to thank all the teams and colleagues I have been fortunate to work with over the past five years. Building and managing these businesses is a team game, ”he said.

Jay Sullivan will take over both the head of the product and the interim head of revenue.

Twitter suspends hiring

CEO Parag Agrawal dismisses Twitter headlines for products and revenue, suspends hiring


According to a report in The New York Times, a Twitter’s official announced Falck and Beykpour were leaving the company via official email.

In the same email, Agrawal also noted the suspension of multiple leases and withdrawals from spending. Although it has been made clear that there are no plans for retrenchment at this time.

According to a Bloomberg report, Agrawal cited the failure to meet audience and earning targets as reasons for the departure of these senior executives.

In an email the CEO of Twitter’s wrote (as reported by the letter), “at the beginning of this epidemic in 2020, it was decided to invest heavily to bring significant audience growth and revenue, and as a company we were not affected by. ”

There are rumors that the CEO of Tesla, if he becomes the CEO of Twitter, will fire Agrawal and become interim CEO. Responding to a Twitter user, Agrawal recently said he is not worried about losing his job, he is very worried about the future of the company.

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