{"id":21565,"date":"2022-05-12T18:29:33","date_gmt":"2022-05-12T18:29:33","guid":{"rendered":"https:\/\/www.nsemgh.com\/?p=21565"},"modified":"2022-05-12T18:29:33","modified_gmt":"2022-05-12T18:29:33","slug":"managers-fired-from-twitter-amid-musk-buyout-turmoil","status":"publish","type":"post","link":"https:\/\/www.nsemgh.com\/2022\/05\/12\/managers-fired-from-twitter-amid-musk-buyout-turmoil\/","title":{"rendered":"Managers fired from Twitter amid Musk buyout turmoil"},"content":{"rendered":"<div class=\"Article\" data-key=\"article\">\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">Twitter fired two of its top managers Friday, the latest sign of internal turmoil amid Tesla billionaire Elon Musk\u2019s planned buyout of the company.<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">One Twitter general manager, Kayvon Beykpour, is leaving after 7 years. In a series of tweets Thursday, Beykpour said CEO Parag Agrawal \u201casked me to leave after letting me know that he wants to take the team in a different direction.\u201d<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">Bruce Falck, Twitter\u2019s revenue and product lead, was also fired, according to a tweet that has since been deleted. His Twitter bio now says \u201cunemployed.\u201d<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">\u201cI dedicate this Tweet to those engineers and thank you ALL for the opportunity to serve alongside you. It\u2019s been awesome. There is a lot more to do so get back to work, I can\u2019t wait to see what you build,\u201d Falck tweeted.<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">Twitter confirmed both departures and said the company is pausing most hiring and except for business critical roles. In addition, it said in a statement, \u201cwe are pulling back on non-labor costs to ensure we are being responsible and efficient.\u201d<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">Beykpour was the general manager of consumer Twitter, leading design, research, product, engineering and customer service and operations teams, according to his Twitter bio. A co-founder of the live streaming app Periscope, Beykpour joined Twitter when the social media company bought his startup in 2015.<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">\u201cI hope and expect that Twitter\u2019s best days are still ahead of it. Twitter is one of the most important, unique and impactful products in the world. With the right nurturing and stewardship, that impact will only grow,\u201d he said on Twitter.<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">Beykpour did not immediately respond to a message for comment.<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">In a memo sent to employees and confirmed by Twitter, Agrawal said Twitter has not hit growth and revenue milestones after the company began to invest \u201caggressively\u201d to expand its user base and revenue.<\/p>\n<p class=\"Component-root-0-2-252 Component-p-0-2-243\">Shares of San Francisco-based Twitter slipped 86 cents to $45.23 midday Thursday. That\u2019s just 3 cents above Musk\u2019s offer price of $45.20 per share.<br \/>\nSource:AP<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Twitter fired two of its top managers Friday, the latest sign of internal turmoil amid Tesla billionaire Elon Musk\u2019s planned buyout of the company. One Twitter general manager, Kayvon Beykpour, is leaving after 7 years. In a series of tweets Thursday, Beykpour said CEO Parag Agrawal \u201casked me to leave after letting me know that [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":21566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[50,12],"tags":[5717,4119,3545,6543,6403,5525,3874,12791,7259,11973,6404,12103,8383,8778,6808,5349,5351,11906,5350,3954,10415,36],"class_list":["post-21565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","category-world-news","tag-billionaire","tag-elon-musk","tag-founder","tag-growth","tag-kayvon-beykpour","tag-labor","tag-lead","tag-manager","tag-musk","tag-one","tag-parag-agrawal","tag-price","tag-revenue","tag-san-francisco","tag-shares","tag-social-media","tag-tesla","tag-the-general","tag-twitter","tag-will","tag-work","tag-world"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/21565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=21565"}],"version-history":[{"count":0,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/21565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/21566"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=21565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=21565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=21565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}