Jack Dorsey, the creator of Twitter, apologized on Saturday for the condition of the company he left behind.
Under the ownership of Elon Musk, Twitter dismissed an estimated 50 percent of its staff Friday, which equates to around 3,700 individuals.
“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,” he posted.
The Hill stated that Dorsey resigned as Twitter’s CEO in November 2020 and from the company’s board in May.
“I am grateful for, and love, everyone who has ever worked on Twitter. I don’t expect that to be mutual in this moment…or ever…and I understand,” he wrote.
I am grateful for, and love, everyone who has ever worked on Twitter. I don't expect that to be mutual in this moment…or ever…and I understand. 💙
— jack (@jack) November 5, 2022
For his part, Musk has maintained the job layoffs were essential since the social media powerhouse is also a big money hole, losing more than $4 million every day.
Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day.
Everyone exited was offered 3 months of severance, which is 50% more than legally required.
— Elon Musk (@elonmusk) November 4, 2022
While Dorsey was sorry, Musk focused on the future in a series of postings.
“Twitter will soon add ability to attach long-form text to tweets, ending absurdity of notepad screenshots,” he wrote, adding, “Followed by creator monetization for all forms of content.”
Twitter will soon add ability to attach long-form text to tweets, ending absurdity of notepad screenshots
— Elon Musk (@elonmusk) November 5, 2022
More on this story via The Western Journal:
Bruce Daisley, Twitter’s vice president for Europe, the Middle East and Africa from 2015 to 2020, said Musk’s early days owning Twitter were a disappointment, according to the U.K. Guardian.
His knew boss, “doesn’t know what he’s doing,” Daisley said in a podcast, according to the Guardian. CONTINUE READING…