To be fair to Parag he's bagged himself 8 figures for only a few months of work and delivered some incredible shareholder value (Elon has blatantly overpaid a fair bit and knows it thus the court cases), Parag may have been better off in the long run if he'd been a bit more open to change with his initial dialogue with Elon but there is plenty of risk for Elon here, would be nice to see him making a success of this acquisition but there's a reasonable chance it turns into a bit of a damp squib.
I haven’t been keeping up with this, so could anyone possibly tell me, as easy as possible, why so many people are freaking out over this?
Whats so awful about Musk owning Twitter?
Because mild disagreement or wrongthink is seen as literal "white supremacy" etc. There are people out there who, for example, fly into a rage over the latest J K Rowling tweet, not because she's some hateful bigot but rather because she's got some opinions that differ from the acceptable woke narrative on trans people (who she's openly stated on several occasions she supports). Elon's beloved anti-woke humour site the Babylon Bee was suspended for a very mild joke on this sacred cow of a topic too and that sort of thing might well change.
This sort of thing is rather unlikely though:
Free Speech Absolutist, now people can go on there and say "x and y want to kill/rape z" and nothing would happen?
Elon isn't insane, there will still be rules and obvious things you can be suspended for, the app still has to live in app stores with their own rules/standards too.
Has he fired 75% of the workforce yet, like he promised?
I haven't seen any direct evidence that he promised that, just some stories citing "sources" which seem to run contrary to what he's actually said. Of course, he already has and is going to sack some more people, that's a good thing, but 75% doesn't pass the sniff test.
On the subject of sacking, this seems like another good one: