New Delhi: The future of Twitter is uncertain. Two key members of the product team, Kavyon BeyKpour and Bruce Flack, have been fired from the company. There may be more layoffs in the future. Despite all of the recent turbulence surrounding Twitter, Elon Musk has declared that the $44 billion Twitter transaction has been placed on hold. Musk's latest admission has renewed doubts about whether he would go through with the Twitter acquisition. Unfazed by the recent events on Twitter, firm CEO Parag Agrawal has described how he expects to make improvements in the company regardless of ownership in a series of tweets.
Agrawal noted on Twitter that he is focused on the development of the company and said that Twitter needs to be prepared for all scenarios and always do what's right for Twitter. "No one at Twitter is working just to keep the lights on. We take pride in our work. Regardless of the company's future ownership, we're here improving Twitter as a product and business for customers, partners, shareholders, and all of you," Agrawal tweeted.
Agarwal's post came a day after he fired two senior executives of the company, Kavyon BeyKpour and Bruce Flack. "We announced changes to our leadership team and operations yesterday. Changes impacting people are always hard. And some have been asking why a "lame-duck" CEO would make these changes if we're getting acquired anyway," he tweeted.
Musk also stated that his $44 billion deal with Twitter has been placed on hold, a day after two key Twitter executives were fired. He stated that the sale is on hold while he awaits confirmation that spam/fake accounts account for less than 5% of users. Agrawal said he "won't use the deal as an excuse to avoid making key decisions," despite Musk's aspirations for Twitter.
Agrawal reiterated that he is only focusing on the job of leading the company and said that more changes can be expected in the future. "So what can you expect from me going forward? I'm still focused on doing the job, and that includes making hard decisions as needed. I will continue to embrace the deep complexities of our service and our business. And you can expect more change for the better," he wrote.