Notes from Twitter all hands meeting... “We don’t have all the answers. This is a period of uncertainty”
Posted by
budice
Apr 25 '22, 14:58
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Notes from Twitter all hands meeting:
- Seems clear who will be CEO after deal closes hasn’t been decided. But board chair
@btaylor did confirm the board would cease to exist once the deal closes in roughly six months.
- CEO @paraga: No plans for layoffs… “at this time”
- Employee RSUs will continue to vest as normal until the deal closes, and upon close they will be converted to cash grants on the same vesting schedule
- @paragawill stay CEO until the close but didn’t address what happens after. Said the plan is to bring Elon in for Q&A
- On Trump coming back to Twitter: “Once the deal closes we don’t know which direction the platform will go,” says Parag. It’s a question we should address with Elon.
- Parag on Elon: “He wants Twitter to be a powerful force in the world, just like all of us”
Parag: There is indeed uncertainty about what will happen after the deal closes. We’ll directly hear from Elon, and I will continue to spend time with him
“Over time the uncertainty will decrease.”
Closing statement: “We don’t have all the answers. This is a period of uncertainty”
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