Thursday, 19 September, 2024

Jack Dorsey sympathizes with laid off Twitter staff following Elon Musk’s takeover


Jack Dorsey

Jack Dorsey, the former CEO and co-founder of the microblogging site, Twitter has sympathized with the incessant laying off of several staff of the organization since South African billionaire, Elon Musk took over as it’s new owner in October 2022.

In October 2022, Elon Musk emerged as the new owner of Twitter after he acquired the company for an estimated $44 million.

The world’s wealthiest man has fired numerous notable individuals in the organization including Parag Agrawal who served as the CEO of the organization from November 2021 to October 2022.

ALSO READ: Jack Dorsey, former Twitter CEO launches new app, Bluesky

In a Saturday tweet, Dorsey took responsibility for Musk cutting thousands of jobs during his first week of owning the social media site.

He had this to say;

“Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment. I realize many are angry with me. I own the responsibility for why everyone is in this situation: I grew the company size too quickly. I apologize for that.”

Dorsey went on to express his gratitude for Twitter employees in a follow-up tweet soon after.

“I am grateful for, and love, everyone who has ever worked on Twitter. I don’t expect that to be mutual at this momentā€¦or everand I understand,” he wrote.


Discover more from News Round The Clock

Subscribe to get the latest posts sent to your email.

Discover more from News Round The Clock

Subscribe now to keep reading and get access to the full archive.

Continue reading