Elon Musk is all set to buy Twitter. The news has created havoc in the business market and has raised concerning questions regarding the future of the current employees of the micro-blogging giant.?
Now that Tesla's super-boss will be heading Twitter, many have one common question: will Parag Agrawal continue to be the CEO of Twitter??
People have legit concerns about Parag Agrawal's future because Musk had earlier hinted that he is against Twitter¡¯s management, and there could be a shuffle in the management in the coming days.?
Bombarding the timeline with memes, they wrote:?
If Musk decides to fire Parag Agrawal, the billionaire will still have to pay him around $42 million.
According to research firm Equilar, as noted by Reuters, Musk will need to pay Agarwal around $42 million if he is terminated within 12 months of a change in control at the microblogging site.?
In a securities filing on April 14, Musk said that he doesn¡¯t have confidence in Twitter's management. This brings us back to the question if Agrawal will continue to serve as the Twitter CEO in the future or not.?
For now, he is the CEO. Even Parag is unsure ¡°which direction the platform will go.¡±?
He previously served as CTO at the company. As per Twitter's proxy, mainly in stock awards, Parag Agrawal¡¯s total compensation for 2021 was around $30.4 million.?
After Elon Musk's deal with Twitter was finalized, India-born CEO Parag Agrawal told worried employees that he didn¡¯t know ¡°what direction this company would go.¡±?
The remarks by Agrawal, who took over the helm of the social networking giant just five months ago, came during a meeting with Twitter employees on Monday afternoon after the company said it had accepted Musk¡¯s offer to buy it for about $44 billion.?
¡°It¡¯s important to acknowledge that all of you have many different feelings about what is happening,¡± The New York Times newspaper quoted Agrawal as saying.
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