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Twitter Inc (NYSE: TWTR) employees on Friday asked Chief Executive Parag Agrawal about his plans on the anticipated mass exodus after company’s takeover by Elon Musk.
Reuters reported that during a company-wide meeting, executives said the company would monitor staff attrition daily, but it was too soon to tell how the buyout deal with Musk would affect staff retention.
This comes amid the purchase of the social media giant by Elon Musk for an agreed value of $44 billion.
Musk had earlier criticized Twitter for its content moderation practices. The billionaire had also said he wouldn’t pay salary to the board of directors if he acquires the social media company.
"I'm tired of hearing about shareholder value and fiduciary duty. What are your honest thoughts about the very high likelihood that many employees will not have jobs after the deal closes?" one Twitter employee asked Agrawal, according to Reuters.
Parag told the employee that the company has always cared about its employees and would continue to do so.
Employee attrition rate has remained unchanged since Musk had proposed buying Twitter, the executives said.
Picture Credits: Reuters
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