Twitter CEO Parag Agrawal Faces Employee Anger Over Elon Musk's Criticism

Twitter Inc executives said at a company wide meeting on Friday that the company would monitor staff attrition, but it was too soon to tell how the buyout deal with Elon Musk would affect.

Twitter chief Executive Parag Agrawal sought to quell employee anger on Friday during a company-wide meeting where employee demanded answers to how managers planned to handle an anticipated mass exodus prompted by Elon Musk.

The meeting comes after Musk, the Tesla chief executive who sealed a $44 billion deal to buy social media company, repeatedly criticized Twitter's content moderation practices and a top executive responsible for setting speech and safety policies.

At the internal town hall meeting, which was heard by Reuters, executive said the company would monitor staff attrition daily, but it was too soon to tell how the buyout deal with Elon Musk would affect staff retention.

Musk has pitched lenders on slashing board and executive salaries but exact cost cuts remain unclear, according to sources familiar with the matter. one source said Musk would not make decisions on job cuts until he assumes ownership of Twitter.

" I'm tired of hearing about shareholder value and fiduciary duty. What are your honest thoughts about the very high likelihoods that many employees will not have jobs after the deal closes?" one Twitter employee asked Agrawal, in a Question read aloud during the meeting .

Agrawal answered that Twitter has always cared about its employee and would continue to do so.

" I believe the future Twitter organization will continue to care about its impact on the world and its customers," he said.

Executives said during the meeting that the Employee attrition rate has not changed compared to the levels before the news of Musk's interest in buying the company.

In recent days, Musk has tweets criticism of Twitter's top lawyers, Vijaya Gadde, who is a Twitter veteran and widely-respected across Silicon Valley. Musk's attack triggered a barrage of online harassment targeting her.

Employee also told executive they feared Musk's erratic behavior could destabilize Twitter's business, and hurt it financially as the company prepared to address the advertising world in a presentation next week in New York City.