After billionaire Elon Musk arrived at Twitter’s headquarters in San Francisco and completed the $44 billion deal to buy the social networking site, Elon Musk made a change to his personal account on Twitter, adding the description “Twitter Chief” to his official account.
He changed his Twitter profile to refer to himself as “”head tweets“.
Elon Musk on Twitter
The court gave Elon Musk until Friday to close the April deal to take over the company after he earlier tried to back out of the deal.
Musk, the world’s richest person, agreed to buy the company for $54.20 a share in April, but by July, he indicated he had changed his mind, citing issues with bot and spam and renewed his takeover bid earlier this month.
Musk reportedly told Twitter employees during his visit that he did not plan to cut 75 percent of staff after the takeover, after the social firm’s staff warned him that staff cuts would be “irrational.”
The letter also includes a list of demands for the company’s current and future leadership, as well as severance policies that are fair to all workers. The letter writers want Musk to preserve existing employee benefits, including telecommuting. Musk had previously criticized telecommuting and suggested most of his employees Twitter back to the office, according to Engadget.