In the meantime, Twitter has said that there are less than 10% spam accounts and bots still operating there. A deeper comparison data study is needed to determine the truth.
Because the number of users affects the value of the company. And it also makes a difference in Elon Musk’s Twitter deal.
Twitter deal shake-up
Ahead of the anticipated Musk takeover the company has implemented a hiring freeze. And also fired two high-profile employees. Kayvon Beykpour, its head of Consumer Product and Bruce Falck, the head of Revenue, have left Twitter.
In an email to staff, CEO Parag Agrawal talked about the changes happening to Twitter. And claims some were within their control, and others that were not. He added that these will be tough changes to make. But they are the right steps to take. If the deal goes through, Agrawal is expected to exit, as well.
The CEO of Tesla and SpaceX Musk has publicly criticized Twitter’s management. In a securities filing on April 13, he said he did not “have confidence in management.” And it is rumored there is a replacement CEO waiting in the wings.