Billionaire Elon Musk arrived at Twitter’s San Francisco headquarters with a “kitchen sink” before completing his $44 billion purchase of the social networking site.
Musk wrote on Twitter: “Log on Twitter Headquarters – let this sink in!”, and changed his Twitter profile to refer to himself as “Chief Twit” or the head of “Twitter”
The court gave Elon Musk until Friday to close the April deal to take over the company following he earlier tried to back out of the deal.
Elon Musk
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.
Elon Musk
Musk reportedly told Twitter employees during his visit that he did not plan to cut 75 percent of staff following the takeover, following 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 dismissal policies that are fair to all workers, the letter writers want Musk to preserve existing employee benefits, including telecommuting, and Musk had previously criticized telecommuting and suggested most of his employees Twitter back to the office, according to engadget.