The two execs fired were:
- Kayvon Beykpour, Head of Consumer Product (3 years, 11 months) [1]; and
- Bruce Falck, Revenue Product Lead (5 years at Twitter, 3 years and 11 months in this position) [2]
Kinda weird that both people were just shy of serving 4 years in their current roles. When I see moves like this my immediate thought is always, it's to save or make money. For example, there could be an options pool in the event of a change of control. Well, you've just fired a couple of people right before a huge vest (probably; I have no concrete information) and increased your share of that options pool.
It just reminds me of Skype firing executives at the Microsoft buyout to avoid payouts [3].
Otherwise making these moves before an acquisition has closed doesn't make a lot of sense. My money is on this having everything to do with money.
EDIT: Updated comment as the link was updated from the original Twitter thread by Kayvon Beykpour about his firing.
[1]: https://www.linkedin.com/in/kayvon-beykpour-2b264b4?original...
[2]: https://www.linkedin.com/in/brucefalck?original_referer=http...
[3]: https://www.seattletimes.com/business/skype-fires-executives....
- Kayvon Beykpour, Head of Consumer Product (3 years, 11 months) [1]; and
- Bruce Falck, Revenue Product Lead (5 years at Twitter, 3 years and 11 months in this position) [2]
Kinda weird that both people were just shy of serving 4 years in their current roles. When I see moves like this my immediate thought is always, it's to save or make money. For example, there could be an options pool in the event of a change of control. Well, you've just fired a couple of people right before a huge vest (probably; I have no concrete information) and increased your share of that options pool.
It just reminds me of Skype firing executives at the Microsoft buyout to avoid payouts [3].
Otherwise making these moves before an acquisition has closed doesn't make a lot of sense. My money is on this having everything to do with money.
EDIT: Updated comment as the link was updated from the original Twitter thread by Kayvon Beykpour about his firing.
[1]: https://www.linkedin.com/in/kayvon-beykpour-2b264b4?original...
[2]: https://www.linkedin.com/in/brucefalck?original_referer=http...
[3]: https://www.seattletimes.com/business/skype-fires-executives....