Although he admitted that the company is in a "period of uncertainty" following Musk's purchase, the CEO of the company told staff that there are no layoffs planned.
The person who asked to remain anonymous said that he made the comments during an all-hands meeting on Monday.
The deal is set to close before the end of the year, and that's when Agrawal will remain as CEO. He didn't say what would happen after that.
—Kurt Wagner (@KurtWagner8) April 25, 2022
According to CNN, the remote work policies would remain in place until then.
We will continue making decisions as we have always done, guided by the principles we have had, according to the outlet.
Until the deal closes, staff may have to wait for more information.
We don't have all the answers.
The all-hands meeting was held after the takeover offer was accepted. Some employees are concerned that the billionaire would make it harder to moderate content. Others said they were looking to leave.
All of you have different opinions about this news. Many of you are worried. Some of you are excited. Many people here are waiting to understand how this goes, and have an open mind, according to the meeting's speaker.
If we work with each other, we won't have to worry about losing the core of what makes us powerful, which is all of us working together in the interest of our customers every day.
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