In a town hall meeting on Friday, the employees demanded answers from Agrawal as to how the company is planning to handle an "anticipated mass exodus prompted by Musk".
Tuesday morning, Twitterati in India woke up to the news about Board of Directors of Twitter approving Elon Musk's offer to buy the company at $54.20 per share. How will things change from hereon, for India and rest of the planet?
Agrawal took over from Jack Dorsey in November 2021.
The Twitter buyout casts doubts on the future of Agrawal, and it is still unclear whether he would like to remain at the helm, with Musk now being at the very top of the platform.
Asset management firm Vanguard Group disclosed last week that its funds now own a 10.3 per cent stake in Twitter which makes it the largest shareholder.
"We have and will always value input from our shareholders whether they are on our Board or not. Elon is our biggest shareholder and we will remain open to his input," Agrawal said.
Twitter users have been demanding an edit button to correct their tweets for a long period of time.
Twitter CEO Parag Agrawal wrote that the moves follow "an assessment of how the organisation was being led and the impact on top priority work", adding that he was limited with how much more he could share due to the "nature of this situation".
It’s indeed a proud moment that some of the biggest and best Technology companies in the world are run by persons of India origin.
Parag Agrawal, an Indian-American technology executive takes over Twitter as CEO after co-founder Jack Dorsey steps down.
In a letter to employees, Dorsey said he will serve out his term on the board of directors until "May-ish" when he will also leave that position.
San Francisco: Distinguished engineer Parag Agrawal, an alumnus of Indian Institute of Technology-Bombay (IIT-B) has been appointed as the Chief Technology Officer (CTO) of microblogging site Twitter. He takes the position most recently held by Adam Messinger, who left in late 2016, CNBC reported late on Thursday. The appointment of Agrawal, who completed his PhD […]
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