'TCS Join Karna Tha': After Elon Musk Buys Twitter, Desis Are Worried For Parag Agrawal¡¯s Career As CEO
Reacting (read: over-reacting) to the news of Parag Agrawal's dwindling future as the Twitter CEO, Desis, took over Twitter to share their concerns, but in their way.
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.
Reacting (read: over-reacting) to the news of Parag Agrawal's dwindling future as the Twitter CEO, Desis took over Twitter to share their concerns, but in their own way.
Bombarding the timeline with memes, they wrote:
History will remember you #ParagAgrawal as the first Agrawal
¡ª Anmol Sharma (@_dranmolsharma) April 26, 2022
Jo dhandha nahi sambhal paya
Parag agrawal after twitter purchased by musk pic.twitter.com/LqFrjTxyxt
¡ª _CITIZEN OF COSMOS_ (@Harshittweeets) April 25, 2022
Parag agrawal's parents now pic.twitter.com/wzQvJ2YAoX
¡ª Harshhh! (@Harsh_humour) April 26, 2022
Elon Musk to Parag Agrawal after buying Twitter pic.twitter.com/YYhls0kArg
¡ª MoMo? (@diimplegirll) April 26, 2022
Pehla marwadi hai jo dhanda bech diya ?
¡ª GK (@tadobakasher) April 25, 2022
.@paraga this you bruh? pic.twitter.com/iQRTYlZL9h
¡ª MO (Truth social MOver413) (@MOver_413) April 27, 2022
I feel pretty bad for Parag Agarwal who was pretty much a hero for Indian parents just 6 months ago
¡ª Aviral Bhatnagar (@aviralbhat) April 25, 2022
How times change
Parag Agrawal ke padosi aur rishtedaar right now -
¡ª ADITYA (@SARAOGI_ADITYA) April 26, 2022
Humne to use pahle hi bola tha ki TCS ya Infosys join karna. Job safety to rahta hai.#twittersold
parag agarwal must be feeling like what parag agarwal used to feel a couple of months ago
¡ª vishal dayama (@VishalDayama) April 25, 2022
#ElonMusk at $TWTR HQ:#ParagAgrawal #ElonMuskBuyTwitter #twittersold pic.twitter.com/x0dvJBvE7K
¡ª Patel Meet (@mn_google) April 26, 2022
Parag Agarwal's new venture #ParagAgrawal #ElonMuskBuyTwitter #TwitterTakeover #Twitter pic.twitter.com/Pk2GBXFX0U
¡ª Boohiragoto (@boohiragoto) April 25, 2022
But what is Parag Agrawal's future in the company?
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.¡±
Agrawal was appointed as the CEO of Twitter right after co-founder Jack Dorsey stepped down from his position. Parag has been serving as Twitter CEO since November last year.
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.¡±
Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important. https://t.co/5iNTtJoEHf
¡ª Parag Agrawal (@paraga) April 25, 2022
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.
For more trending stories, follow us on Telegram.