Categories: Business

Musk first day proudly owning Twitter results in havoc and doable hoax

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Twitter headquarters in San Francisco.

Adam Jeffery | CNBC

[Editor’s note: After CNBC published details of an interview with people who claimed to be fired employees of Twitter, several reports emerged suggesting it was a hoax. CNBC could not confirm the identities of the individuals.]

On Elon Musk’s first day in command of Twitter, an individual who walked out of the corporate’s San Francisco headquarters and recognized themselves as an information engineer there stated they have been simply laid off. CNBC was not capable of instantly confirm the id of that particular person and one different who made the same declare.

One worker at Twitter, awaiting details about layoffs or initiatives, advised CNBC they have been at the hours of darkness for probably the most half. Musk was assembly with comparatively low-ranking engineering managers, this particular person famous —a welcome gesture to some. Press studies earlier than the deal closed stated that Musk had deliberate cuts as deep as 75% of headcount.

Twitter didn’t reply to repeated requests for remark about layoffs.

Musk lastly took over the corporate on Thursday, ending a months-long authorized saga. The billionaire Tesla and SpaceX CEO initially agreed to purchase the corporate for $44 billion, however quickly after tried to get out of the deal as a result of he claimed Twitter was not forthcoming sufficient about spam accounts on the platform. Twitter has denied that and went to courtroom to attempt to get Musk to finish the deal.

Previous to the unique trial date earlier this month, Musk agreed as soon as once more to shut the deal. The choose gave Musk till Friday at 5 p.m. to shut the deal, or else set a brand new trial date.

On Thursday, a number of high executives departed the corporate, together with CEO Parag Agrawal and CFO Ned Segal, CNBC’s David Faber reported. Twitter’s head of authorized coverage, belief and security Vijaya Gadde was additionally fired.

That is breaking information. Please verify again for updates.

-CNBC’s Lora Kolodny contributed to this report.

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