Twitter's new CEO Musk announces layoffs, Dogecoin (DOGE) surges nearly 60% in 24 hours
Twitter CEO Parag Agrawal and CFO Ned Segal have been fired following the arrival of Twitter's new owner, Musk, reportedly with a severance package totaling $141 million; next, rumors suggest that Musk will carry out a significant layoff on Saturday, with a list of senior executives already prepared. Musk is not only the owner of Twitter, the leading social platform in the crypto world, but also a strong supporter of Dogecoin (DOGE). Recently, he launched quirky products like "Burnt Hair" perfume and Tesla-related items that can be purchased with Dogecoin.
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Twitter CEO Parag Agrawal and CFO Ned Segal have been fired following the arrival of Twitter's new owner, Musk, with reported golden parachutes of $141 million; next, rumors suggest Musk will make massive layoffs on Saturday, with a list of senior executives already prepared. Musk, who not only owns the top social media platform in the crypto world, Twitter, but is also a strong supporter of Dogecoin (DOGE), recently launched novelty items such as "Burnt Hair" perfume and Tesla-related products that can be purchased with Dogecoin.
Regardless of the high correlation, Dogecoin (DOGE) has continued to surge since Musk confirmed his acquisition of Twitter, rising nearly 60% in the past 24 hours as of press time.
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