NEW DELHI: Parag Agrawal, Twitter Inc’s India-born Chief Executive, told employees on Monday that the future of the social media firm is uncertain following the USD 44 billion deal with billionaire Elon Musk.
Agrawal, who took over the helm of Twitter just five months back, was speaking during a company-wide town hall meeting after the social media giant said it had accepted Musk’s offer to buy it, according to a report published in Reuters.
As Agrawal listened to questions from staff about Musk’s plans for the company, the possibility of layoffs and the board’s rationale for the deal, he deferred many questions as ones that should be asked of Musk.
Musk has said he believes Twitter should be a platform for free speech. When the employees asked Agrawal whether former US President Donald Trump, who was permanently suspended from Twitter last year, would be allowed to return once Musk takes over, the Twitter CEO said, “Once the deal closes, we don’t know which direction the platform will go.”
“I believe when we have an opportunity to speak with Elon, it’s a question we should address with him.”
Agrawal also told employees there were no plans for layoffs.
Musk will join Twitter staff for a question-and-answer session at a later date, the company told employees.