Wednesday, July 6, 2022

Two managers fired for Musk’s Twitter purchase

Twitter fired two senior executives on Friday, the latest sign of internal turmoil over the company’s acquisition of Tesla billionaire Elon Musk.

One of Twitter’s general managers, Cavon Beckpur, is leaving after seven years. In a series of tweets on Thursday, Bekpur said that CEO Parag Agarwal said this “after he told me he wanted to lead the team in a different direction”.

Bruce Fox, Twitter’s head of revenue and production, was also fired, according to a subsequent deleted tweet. His Twitter bio now says he is “unemployed”.

“I am sending this tweet to those engineers and thank you all for giving me the opportunity to fight with you. Intelligent. There is still a lot to do, let’s go back to work and I can not wait to see what you did, “Fox tweeted.

Twitter has confirmed the departure of two people and said the company will discontinue most of the appointments except for key business roles. In addition, it said in a statement, “We are reducing recurring labor costs to ensure we are accountable and efficient.”

According to his Twitter bio, Bekpur Consumer is Twitter’s general manager, leading design, research, product, engineering, customer service and operations teams. Beckpore, co-founder of live-streaming app Periscope, joined Twitter in 2015 when the social media company acquired its startup.

He said on Twitter, “I look forward to the best days on Twitter. Twitter is one of the most important, unique and influential products in the world. With proper nutrition and leadership, this impact will increase. “

Beckpore did not immediately respond to a request for comment.

In a memo sent to employees and confirmed via Twitter, Agarwal said Twitter has not yet touched growth and revenue milestones as the company has started making “aggressive” investments to increase the number of its customers and revenue.

Shares of San Francisco-based Twitter fell 86 cents to $ 45.23 on Thursday afternoon, 20% lower than Musk’s $ 54.20 offer price.

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