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Twitter CEO ‘in danger of losing his employees’

April 15, 2022 | | Print Article

Not only has billionaire Elon Musk shaken the tech community to its very core with his attempted hostile takeover of Twitter behind the banner of free speech, but the left as a whole is having a complete meltdown, which may be the best example yet of how critical the control of information is to progressives.

The meltdown includes plenty of fearful Twitter employees, according to various reports, and CEO Parag Agrawal could soon find himself seriously short-staffed.

Musk has become public enemy one for wanting to bring the free exchange of ideas back to the powerful social media platform, with charges of racism already being leveled — coincidentally or not, Fox Business reported Thursday the Justice Department and the Securities and Exchange Commission have launched what a source described as a “joint investigation” into a myriad of regulatory issues that center around Tesla.

Amid all the hoopla, Twitter management called an emergency all-hands meeting Thursday afternoon, with Agrawal discussing the takeover bid and what it may mean for the company’s employees.

More from The New York Times:

Mr. Agrawal tried to put on a strong face when rallying the troops, telling employees that he felt that “everything would work out as it should,” two of the people said.

Some employees expressed frustration that Mr. Agrawal had not been more forthcoming as Mr. Musk first began quietly buying up enormous amounts of the company’s stock, according to two of the people. Mr. Agrawal said that the board had spoken with Mr. Musk several times and its members believed that they were aligned on key issues.

Other employees suggested Mr. Agrawal should be tweeting more to counter Mr. Musk’s aggressive tweets. And still others asked what a takeover would do to their stock compensation and to the company’s culture, which is known to be inclusive, given the stories of racism in Tesla facilities.

 

“Really not a good situation for Twitter CEO Parag Agrawal. He’s in danger of losing his employees,” tweeted CNBC contributor Alex Kantrowitz, author of the Big Technology newsletter,

There was plenty of mockery going around Thursday about the “all hands” meeting, as seen here:

Here’s a sampling of online responses to the possibility of Twitter losing much of its staff should Musk prove to be successful in buying the company outright and taking it private as he has suggested:

Tom Tillison
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