(Finance) – “Still committed to acquisition“, or” I am still committed to the acquisition. “This is what the founder of Tesla added, Elon Musk, in a subsequent tweet after he previously tweeted that the $ 44 billion Twitter acquisition deal was “temporarily suspended pending details to support the calculation that spam / fake accounts actually represent less than 5% of users “. Meanwhile, Twitter chief executive Parag Agrawal announced a hiring freeze and other cost-cutting efforts.
The society will not hire new employees and could revoke offers already disclosed to potential candidates, according to an internal note seen by Bloomberg. However, some exceptions will be made for “business-critical” roles. Meanwhile, two senior managers have left Twitter, at the request of the CEO: these are Kayvon Beykpour, head of consumer product, and Bruce Falck, head of revenue product.