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Twitter CEO tells staff firm not 'held hostage' by Musk supply: Report

The assembly got here after information broke that the Tesla chief govt officer had supplied to purchase the social media firm for $43 billion.

Twitter Chief Government Officer Parag Agrawal sought to reassure staff throughout an all-hands assembly on Thursday that the corporate was not being “held hostage” by information of Elon Musk’s supply to purchase the corporate, a supply acquainted with the matter instructed Reuters.

As Agrawal took questions from employees that had been posted on the corporate’s Slack messaging service, he inspired staff to stay targeted and instructed them “we as staff management what occurs,” mentioned the supply, who didn’t wish to be recognized as a result of they weren’t approved to talk publicly on the matter.

The assembly got here after information broke that the Tesla chief govt officer had supplied to purchase the social media firm for $43 billion.

Agrawal instructed employees that the board was persevering with to evaluation Musk’s supply, however that he was restricted in what he might share with the workers.

In a single part of the query and reply session, one worker requested how the corporate arrived to the choice to supply Musk a board seat.

“Are we simply going to begin inviting any and all billionaires to the board?” in accordance with a bit of the assembly heard by Reuters.

Agrawal responded that the board was appearing in the perfect curiosity of shareholders.

“I’ve a robust standpoint that people who find themselves important of our service, their voice is one thing that we should emphasize in order that we are able to be taught and get higher,” he mentioned. 

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