News agency Reuters has given this information quoting an unknown source. According to the agency, Musk has spoken to a new executive for Twitter. As soon as the sale process of the company is completed, a new person will replace the current CEO. That is, Parag Agarwal’s job can be lost.
So who will be the new CEO of Twitter?
Now a big question arises that who is this new person after all? As of now, there is no information about who will be the new CEO. A source says that Jack Dorsey may once again return and be made CEO. According to Reuters, Musk does not trust the old management, so he is planning to change it. It is believed that as soon as the sale of the company is completed, soon after that there will be a round of layoffs in Twitter.
What will happen to Parag Agarwal?
Even if Parag Agarwal has to lose his job after the arrival of Elon Musk, but he will get the wealth of crores on the go. When Parag Agarwal was made the CEO of the company after the departure of Jack Dorsey, according to the contract, the company cannot fire him before 12 months. If the company does this, then it will have to pay about Rs 296 crore to Parag Agarwal.
Elon Musk Offer To Buy Twitter: Elon Musk wants Twitter, will give Rs 3.2 lakh crore in cash