Twitter CEO ‘fired’ after Musk completes $44bn Twitter deal

In brief

Elon Musk has reportedly fired Twitter’s CEO Padrag Agrawal after completing his takeover of the social media company.

Agrawal and chief financial officer Ned Segal were in Twitter’s headquarters when the acquisition closed yesterday and they were escorted out, according to Reuters.

Earlier today Musk posted on Twitter in reference to the deal, which was beset by lawsuits and counter-lawsuits as Musk tried to back out of the deal over claims about bot users.

the bird is freed

— Elon Musk (@elonmusk) October 28, 2022

Earlier this month, it was rumoured he was planning to lay off 75% of Twitter’s staff.