BREAKING Elon Musk has completed his deal to buy Twitter and has taken control, firing its top executives, according to sources.
Musk fired CEO Parag Agrawal, CFO Ned Segal and another executive, according to two people familiar with the decision, CNN reports.
For months, his plans to acquire the social media giant touched off a firestorm of activity online. Some employees have headed for the door.carried a kitchen sink to Twitter headquartersAll the buzz about Elon Musk buying Twitter has a lot of people asking on Twitter, "Who's leaving?""What we are seeing is a massive surge in departures from Twitter," said Greg Larkin, with Punks and Pinstripes, a peer to peer mentorship network for Fortune 500 executives.
That number skyrocketed since the beginning of the year. Larkin says the real numbers are most likely two to three times what they're seeing. "These numbers are going to be an underestimate. It's a lagging indicator. The data is going to become available when someone changes their employment status on LinkedIn. So that's not everyone who has left," said Larkin.
On Wednesday, Musk told Twitter employees he does not plan to cut 75% of the staff when he takes over the company.VIDEO:
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