HomeNewsTrendsCurrent AffairsTwitter layoffs | Co-founder Jack Dorsey apologises: ‘I own the responsibility’

Twitter layoffs | Co-founder Jack Dorsey apologises: ‘I own the responsibility’

Jack Dorsey on mass layoffs at Twitter: "I grew the company size too quickly. I apologize for that."

November 06, 2022 / 10:49 IST
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Twitter co-founder and former CEO Jack Dorsey on Saturday apologized to company staff for growing the social media giant "too quickly" a day after roughly half of the company's 7,500 employees were fired by new owner Elon Musk.

"I realize many are angry with me," wrote Dorsey, who co-founded Twitter in 2006 and stepped down as CEO last year.

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"I own the responsibility for why everyone is in this situation: I grew the company size too quickly. I apologize for that," he said on Twitter.

Many Twitter employees had been waiting for their former boss, a charismatic and influential figure in Silicon Valley, to react after Musk, the world's richest man, took control of the platform a week ago in a contentious deal.