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Musk will hold his first meeting with Twitter employees this week

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Musk will hold his first meeting with Twitter employees this week

by Yashvardhan Sharma
June 15, 2022
in Business
0
Musk will hold his first meeting with Twitter employees this week

Elon Musk will address Twitter employees for the first time since launching his $44 billion (£36.2 billion) bid for the company in April.

At the meeting, the multibillionaire Tesla CEO is expected to take questions from Twitter employees.

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Mr. Musk has threatened to walk away from the deal if the company fails to provide information about fake accounts on the platform.

Twitter CEO Parag Agrawal announced the event in an email to employees on Monday.

Mr. Agrawal informed employees that they could submit questions to Mr. Musk ahead of the meeting.

A Twitter spokesperson confirmed the news to the BBC, which was first reported by Business Insider.

The all-hands meeting will be the first time Mr Musk will have spoken directly with the company’s workforce since launching his takeover bid.
He threatened to back out of the deal earlier this month, accusing the social media company of “thwarting” his requests to learn more about its user base.

Mr Musk stated in a letter to regulators that he was entitled to conduct his own measurement of spam accounts.

The letter formalised a dispute that had been simmering for weeks after he declared the deal “on hold” pending further information.

Analysts believe Mr Musk is using the issue to try to renegotiate the price or even walk away from the deal. They claimed his decision to raise the issue on social media was unusual, making it difficult to determine how serious he was.

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