Twitter’s new CEO has begun a “major restructuring”

Follow the founder Jack Dorsey recently left on Monday, Twitter’s new CEO Parag Agrawal is hurrying to reorganize the company.A report from Washington post Said that Agrawal today announced a “major reorganization of the company”, including the exits of Michael Montano and Dantley Davis, who led project And design, respectively.

Twitter confirmed the reorganization to Engadget. A spokesperson said: “Parag focused on operational excellence and building Twitter to achieve its goals; these changes were made with this in mind.” These changes included shifting teams in product and technology organizations to a “general manager model.” This means having one person lead the work of these departments. The spokesperson added: “This will allow us to operate across functions and make faster and more informed decisions.”

Davis earlier today Tweet A photo from a remote team that says: “For me, this has been the highlight of Twitter over the past two years. Thanks to everyone who made this special. It has more meaning than words can describe.” Sara Beykpouf, who worked in the company’s product team, Also posted that Today will be their last day on Twitter, although it is not clear whether this is related to the reorganization.

this postal According to the report, according to company-wide emails obtained, Montano and Davis will leave at the end of this year (that is, this month). It also stated that “the restructuring appears to mainly affect the company’s consumer, revenue and core technology sectors, which will be helmed by Kayvon Beykpour, Bruce Falck and Nick Caldwell, respectively.”

In retrospect, there are signs that the company is undergoing major changes.in a A series of tweets sent from the Twitter Investor Relations account Yesterday during the 2021 Leveraged Finance Conference of Bank of America Securities. Specifically, the team said: “We can act faster and execute better. We will focus on the same goals, the same metrics, and the same tasks. But we believe that Parag can help us make decisions faster And make a clearer decision-meditate.”

Update (12/3/21, 3:24pm EST): This article has been edited to include a statement and details from Twitter after the story was published.

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