Twitter’s CEO tells staff that Elon Musk’s offer isn’t holding the firm hostage.
After all meetings on Thursday, Twitter CEO Parag Agrawal tried to reassure staff that the company was not being “kept hostage” by reports of Elon Musk’s offer to buy the company, according to a source familiar with the issue.
The source, who did not like to be identified as they were not authorized to talk publicly on the topic, claimed that when Agrawal answered queries posed on the company’s Slack messaging program, he urged employees to stay focused and reminded them that “we as employees decide what happens.”
The meeting took place after it was revealed that Tesla CEO Elon Musk had proposed to buy Facebook for $43 billion.
Agrawal told staff that perhaps the board was still considering Musk’s offer, but that he had been limited in how much he could tell them.
One employee inquired during the question-and-answer session about how the business came to the decision to offer Musk a board position.
According to a segment of the discussion heard by Reuters, “Are we just going to start admitting any and all billionaires to the board?”
The board, according to Agrawal, was acting in the best interests of shareholders.
“I have a strong belief that those who are critical of our service should have their voices heard in order for us to learn and improve,” he said.
Another employee posed a question to Agrawal, asking him to comment on Musk’s understanding of free speech and whether it agreed with Twitter’s policy.
Agrawal did not immediately respond to the issue, instead stating that most of the company’s effort is focused on enhancing health.
“Twitter speaks for lot more than one individual, any human,” Agrawal stated earlier in the Q&A.