Breaking News
1. Poland & France Poke Putin; Allow Ukraine To Use Their Weapons To Attack Russia      2. Cutting-edge tech to the rescue of year-old boy at SGPGIMS      3. LG letter on heatwave meant to defame, not help Delhi govt: Minister Saurabh Bharadwaj      4. Vijay Varma reacts to Gajendra Chauhan's recent statement on Payal Kapadia      5. The Panda Party is back on as giant pandas will return to Washington's National Zoo by year's end      6. Kailash Satyarthi - “We need to globalise compassion”      7. Coaches Of Goods Train Derail At Palghar, Affect Rail Schedule      8. VP Jagdeep Dhankhar Pays Tribute To Former PM Chaudhary Charan Singh On His Death Anniversary      9. Bus Overturns On Delhi-Mumbai Expressway Near Dausa      10. Fire Breaks Out At Parking Lot In Delhi, Several Cars Gutted      11. 21 Killed In Fresh Israeli Strike On Displacement Camp In West Rafah      12. Flesh Found In Septic Tank Of Flat Where Bangladesh MP Was Likely Killed      13. Dhruv Rathee's cryptic post day after Swati Maliwal blames 'popular YouTuber'      14. Pak "Violated" Lahore Agreement Signed With India In 1999: Nawaz Sharif      15. Pune Porsche accident: Maharashtra Congress demands CBI probe, Devendra Fadnavis' resignation      16. PM Modi to hold rally in Jharkhand and Kolkata; Rahul, Akhilesh in Varanasi today      17. Israeli PM Netanyahu acknowledges ‘tragic mistake’ after Rafah camp strike      18. IndiGo Flight Gets Bomb Threat At Delhi, Fliers Exit Through Emergency Door      19. Pune Porsche crash: Govt forms three-member panel after arrest of two doctors of Sassoon Hospital      20. Woman who accused Yediyurappa of sexually assaulting her daughter dies: Police     

Elon Musk's Entry: Prag's Exit, And the Drama continues-1

  • Posted on October 28, 2022
  • News
  • By Akta Yadav

The very first thing Elon Musk did on his acquisition of Twitter is announcing exit for Twitter CEO Parag Agrawal and his two top executives. The much-hyped action was long on cards from the day Musk was expected to take over the Social Media platform Twitter. There is plethora of twits on Musk’s decision and even some memes are viral stating how insecure is the job of a private company no matter what post a person may hold. The meme is true upto some extant seeing another high-profile case of sacking the Chairman of Tata Sons, Cyrus Mistry and now this trio of Twitter who have been asked to put down their papers.

One may wonder why Musk is so hell bent to fire CEO Parag Agrawal, If the media news from USA are to be believed then all the three top level officers of Twitter namely CEO Prag Agrawal, CFO Ned Segal  and Legal Head Vijaya Gadde have been shown the door. The actual reason behind this high voltage drama is believed to be the feeling of distrust between the new boss Elon Musk and these three. Musk is supposedly not happy with the advice and actual valuation of the company assets which was allegedly flattened by the team.

However who is the winner in this whole drama may be thing of academic discussion but Prag will not walk away empty handed. He will have a fortune of around USD 38.7 Million. Similar packages will be taken by other two executives. Now its for the future to see how this deal unfolds for Musk which has been said to be a very expensive deal by many corporate and financial experts.

For more such insights keep visiting website:

No Image
Akta Yadav

You May Also Like