Musk acquired Twitter for US$44 billion. claims to be the "Twitter Boss"
New York Stock Exchange website shows that the stock of tweet will be suspended on on Friday local time, because Tesla CEO Musk will face the court's deadline for completing acquisition of Twitter on October 28.
It is reported that Musk visited the headquarters of Push , located in San Francisco, on Wednesday, and updated his resume to "Chief Twit (Press Special Boss)", implying that he is already the boss of the company.
U.S. On October 26, local time, Eron Musk said on his social media that day he visited Twitter's headquarters in San Francisco, and also posted a video of himself walking into the office with a sink. He wrote in the video tweet: "Enter the headquarters of Tele Two Hot into it (let that sink in)! "For Musk's tweet, some people think that is "advance and retreat with it (Twitter), while others think that he wants to "think carefully (renovate)." also changed his public profile to " Twitter boss " (Chief Twitter), and changed his address to "Twitter Headquarters".
This acquisition is still very interesting. First of all, Musk's acquisition process has not been smooth. Musk's acquisition journey is like a TV series, facing several twists and turns, which is magical.
In January this year, Musk began to privately acquire shares of ; in April, Musk signed the agreement to acquire Twitter; in July, Musk tried to terminate the transaction on the grounds that Twitter falsely reported the number of spam and false accounts, and Twitter then sued Musk for continuing to fulfill the agreement; in October, the court asked Musk to complete the merger and acquisition transaction before 17:00 ET on October 28; today (October 28), Twitter The acquisition was officially completed, and Musk also fired several executives including the former CEO and CFO of .
Speaking of layoffs, Musk's acquisition not only costs a lot of money, but also makes people confused about the employment.
Foreign media reported said that Musk had fired Twitter CEO Parag Agrawal and Chief Financial Officer Ned Segal as soon as he began to "take charge" on Twitter. CEO and CFO are two of the most important positions in a company. Isn’t Musk afraid of the company’s instability? In addition, a large number of reports also said that Musk has a plan to lay off 75% of the employees who pushed , and According to many US media reports on , many employees who pushed have been uneasy about the prospects of the acquisition recently. Previously, the Washington Post reported that Musk planned to fire nearly three-quarters of the company's employees after acquired Twitter, streamlining the number of employees from about 7,500 to only more than 2,000. The company is also planning to cut costs and lay off employees. However, the legal counsel of push special company denied on the 20th that there are currently layoff plans. But employees are increasingly concerned about the company's massive layoffs or another restructuring in the future.
At present, Musk has not disclosed the detailed plan for to operate Twitter for subsequent , but he said he hopes to cancel some content review measures. Critics warn that this practice could lead to more hate speech and false information appearing on the platform.
