This comes after Twitter confirmed that two senior executives are heading for the exit and Elon Musk’s announcement that his $44 billion deal for the company was “temporarily on hold”.
“Some have been asking why a ‘lame-duck’ CEO would make changes if we’re getting acquired anyway,” Agarwal said.
A lot has happened over the past several weeks. I’ve been focused on the company and haven’t said much publicly dur… https://t.co/A6T3TFxnKn
— Parag Agrawal (@paraga) 1652469026000
“The short answer is very simple: While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter. I’m accountable for leading and operating Twitter, and our job is to build a stronger Twitter every day.” he tweeted.
“No one at Twitter is working just to keep the lights on. We take pride in our work. Regardless of the company’s future ownership, we’re here improving Twitter as a product and business for customers, partners, shareholders, and all of you,” he added.
No one at Twitter is working just to keep the lights on. We take pride in our work. Regardless of the company’s fut… https://t.co/eGPqyOQFRA
— Parag Agrawal (@paraga) 1652469027000
Agarwal added that he “won’t use the deal as an excuse to avoid making important decisions”.
“People have also asked: why manage costs now vs after close? Our industry is in a very challenging macro environment – right now. I won’t use the deal as an excuse to avoid making important decisions for the health of the company, nor will any leader at Twitter,” he tweeted.
He is “focused on doing the job” and you can expect more change for the better,” he wrote.
“So what can you expect from me going forward? I’m still focused on doing the job, and that includes making hard decisions as needed. I will continue to embrace the deep complexities of our service and our business. And you can expect more change for the better,” he added.
Meanwhile, Agarwal also thanked his team for staying focused and agile.
“Finally – so much gratitude for our whole Twitter team. They have stood strong and focused, sharp and agile. They’ve been doing the work, as they always have. Onward,” he tweeted.