Twitter CEO pushes out top execs, freezes hiring

Twitter CEO pushes out top execs, freezes hiring

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Twitter is shaking up its apical leadership. The archetypal determination came arsenic user merchandise person Kayvon Beykpour announced connected Twitter that current CEO Parag Agrawal “asked maine to permission aft letting maine cognize that helium wants to instrumentality the squad successful a antithetic direction.” The New York Times reports that successful an email to employees, Agrawal announced Bruce Falck, the wide manager of gross and caput of merchandise for its concern side, is leaving. In the email helium said the institution is pausing astir hiring and pulling backmost connected spending, but is not presently readying layoffs.

Now Jay Sullivan, who we spoke to successful March astir Twitter’s plans to adhd 100 cardinal caller users, volition instrumentality implicit arsenic caput of merchandise and interim caput of revenue.

Bloomberg included the substance of the email, which cites failures to deed assemblage and gross goals arsenic reasons for the changes. Agrawal wrote, “At the opening of the pandemic successful 2020, the determination was made to put aggressively to present large maturation successful assemblage and revenue, and arsenic a institution we did not deed intermediate milestones that alteration assurance successful these goals.”

As its merchandise person and, astir recently, GM of consumer, Beykpour has led the improvement of galore of its biggest features and plan changes implicit the past respective years. It’s a astonishing change: Agrawal just reorganized his enforcement squad a fewer months ago with the exit of Twitter’s plan and engineering leads, leaving Beykpour astatine the apical of user products.

The information is that this isn’t however and erstwhile I imagined leaving Twitter, and this wasn’t my decision. Parag asked maine to permission aft letting maine cognize that helium wants to instrumentality the squad successful a antithetic direction.

— Kayvon Beykpour (@kayvz) May 12, 2022

Beykpour has been astatine Twitter since 2015 after it acquired Periscope, the livestreaming institution helium co-founded. As Twitter folded Periscope’s livestreaming features into its main app, Beykpour shifted into the larger company, becoming its caput of user merchandise successful 2018 and overseeing an unusually productive play of diagnostic launches successful the years that followed. Periscope was yet unopen down past year.

The Verge has reached retired to Twitter for comment.

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