News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Twitter executive changes aimed at building 'a stronger Twitter', CEO says

05/13/2022 | 03:31pm EDT
Illustration shows printed Twitter logos

(Reuters) - Twitter Chief Executive Parag Agrawal said on Friday that he had announced leadership changes and a hiring freeze in order to "build a stronger Twitter," even as the company is being acquired by billionaire Elon Musk.

"Some have been asking why a 'lame-duck' CEO would make these changes if we're getting acquired anyway," he wrote in a series of tweets. "While I expect the deal to close, we need to be prepared for all scenarios."

(Reporting by Katie Paul, Editing by Franklin Paul)


© Reuters 2022
Latest news "Economy & Forex"
06:21pExclusive-General Atlantic plans $2 billion investment in India, Southeast Asia
RE
06:11pNew Zealand PM Ardern to visit U.S. to boost exports, lure tourists
RE
06:11pGeneral atlantic plans to invest $2 billion in compani…
RE
06:07pGermany is keen to pursue gas projects with Senegal, says Scholz on first African tour
RE
06:00pDenmark's Topsoe plans Europe's largest electrolyser plant
RE
05:53pFirst baby formula shipment, enough for thousands of U.S. infants, arrives from Europe
RE
05:41pBangkok votes in new governor for first time in nine years
RE
05:40pPounded by Russian offensive in the east, Ukraine rules out concessions
RE
05:40pPounded by Russian offensive in the east, Ukraine rules out concessions
RE
05:35pHyundai Motor Group to invest more than $10 billion in U.S. up to 2025
RE
Latest news "Economy & Forex"