NYP:
Elon Musk has dismissed four top executives at Twitter “for cause” in order to avoid having to pay them eight-figure severance packages, according to a report.
Immediately after completing the acquisition of Twitter on Thursday, Musk fired four top executives at the site — CEO Parag Agrawal; CFO Ned Segal; Chief Legal Officer Vijaya Gadde; and General Counsel Sean Edgett.
Musk reportedly terminated the executives “for cause” — which would void a clause in their contract that entitles them to payouts worth tens of millions of dollars in severance and unvested stock options, according to reports on Saturday by the New York Times and the Information.
The research firm Equilar told Reuters on Friday that Agrawal, Segal, and Gadde are in line to receive golden parachutes worth a total of some $122 million. more here
‘More to come’: Elon Musk exposes Twitter executives privately admitting to ‘fraudulent metrics’
New Twitter CEO Elon Musk published a sample of private communications over the weekend that he says indicates the old Twitter board and its attorneys deliberately hid evidence as to the company’s actual user base, in which could be the first of many eye-opening revelations to flow from Musk’s takeover of the social network.
Musk published a May 2022 text from Twitter Safety and Integrity chief Yoel Roth suggesting that the Objectives & Key Results from an employee named Amir “are entirely based on fraudulent metrics and he doesn’t care and may actively be trying to hide the ball […] Literally doing what Elon is accusing us of doing.” more here
I’m beginning to like this guy. Anybody who can crush those third-world commie bastards that were running Twitter is good in my book.
Good… The worthless motherfuckers deserve to be in jail, and then deported back to Canaduh.
I may have to rejoin Twitter
I applaud Elon for preventing them from getting more money than they are worth. And for kicking them to the street. They are responsible for helping to hide info that probably would have changed the outcome of 2020. They should be in jail and not just fired.
I hope they try to sue Musk… they’re gonna re-define the term “Blowback” when Musk turns around and sues them! With all the fraud that Tesla engineers are uncovering, there is no way that company was worth 44 Billion! Those creeps deserve to pay Musk back untold BILLIONS!
Aaaaaannnd I’ll bet Musk wins!
In the mean time I hope they’re sweating bullets at night thinking of all the ramifications!
There must be some sort of misconception that CEOs are smart?
Not at Tweet land.
It’s sinking in harder for some people.
I like the heck out of what he is doing at Twitter, but he sure struck out with his Halloween costume.
https://www.thegatewaypundit.com/2022/11/elon-musk-wears-costume-baphomet-inverted-cross-halloween/
Lost their severance packages? Couldn’t have happened to a nicer bunch of scum.
“Elon Musk has dismissed four top executives at Twitter “for cause” in order to avoid having to pay them eight-figure severance packages, ”
No, he fired them “for cause” due to him having a reason to let them go. The elimination of the golden parachute is a nice side benefit.
Parag ASSwall is an irritating sonofabitch!
Twitter is already better with Elon in charge. I’m seeing so many accounts and topics in my feed that have been missing for a long time.
I still can’t fathom why in the blue fornication anyone would ẃant anything to do with Twitter, much less own the damn thing. Huge waste of 45 bn.
AndyPanda can’t spell.