The world’s Richest man, Elon Musk, begins life as the owner of Twitter by firing top executives. Employees fear they could be next in line.
More than three-quarters of employees at Twitter fear losing their jobs after new owner Elon Musk previously announced plans to terminate contracts. More than 7,500 employees work at Twitter and after Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal, and legal affairs and policy chief Vijaya Gadde were laid off they must be fearing for their jobs.
On Friday, The New York Stock Exchange suspended trading of Twitter’s shares, indicating a successful acquisition by Elon Musk. This comes after months of legal wrangles.
Elon Musk reportedly fired Twitter’s top executives following deceit over spam accounts on the platform.
Earlier this week Elon Musk tweeted “Twitter obviously cannot become a free-for-all hell-scape, where anything can be said with no consequences!”
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However, there are worries that those who have been barred from the site because of hate speech or misinformation would be welcomed back under more relaxed free speech regulations. That may also include political fanatics, QAnon adherents, and Covid-19 denialists in addition to Donald Trump.
In response to Musk’s letter, the EU’s internal market commissioner, Thierry Breton, tweeted, “In Europe, the bird will fly by our EU laws,” implying that authorities will be adamantly opposed to any modification of Twitter’s restrictions.
Elon is now the ‘Chief Twit!’, expect the unexpected.
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