Tuesday, November 8, 2022
HomeAdvertisingFormer Twitter CEO Jack Dorsey Apologizes for His Position in Mass Layoffs

Former Twitter CEO Jack Dorsey Apologizes for His Position in Mass Layoffs


Former Twitter CEO Jack Dorsey lastly weighed in on the chaos enveloping his former firm because it was taken over by Elon Musk late final month, however he didn’t point out the corporate’s new proprietor in any respect.

Dorsey mentioned in a tweet Saturday, “People at Twitter previous and current are sturdy and resilient. They’ll all the time discover a manner regardless of how troublesome the second. I notice many are indignant with me. I personal the accountability for why everyone seems to be on this state of affairs: I grew the corporate measurement too rapidly. I apologize for that. I’m grateful for, and love, everybody who has ever labored on Twitter. I don’t count on that to be mutual on this second—or ever—and I perceive.”

When Musk made his takeover provide April 25 of $54.20 per Twitter share in money, or roughly $44 billion, Dorsey was enthusiastic, saying in a tweet on the time, “In precept, I don’t imagine anybody ought to personal or run Twitter. It needs to be a public good at a protocol degree, not an organization. Fixing for the issue of it being an organization, nevertheless, Elon is the singular answer I belief. I belief his mission to increase the sunshine of consciousness. Elon’s objective of making a platform that’s ‘maximally trusted and broadly inclusive’ is the best one.”

After all, he additionally mentioned of short-lived CEO Parag Agrawal, “That is additionally @paraga’s objective, and why I selected him,” and we noticed how that labored out.



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