Jack Dorsey, Twitter’s co-founder and former CEO, responded to the mass layoffs below Elon Musk’s possession by saying he owns “the accountability for why everyone seems to be on this state of affairs” and that he grew the corporate “too shortly.” On Friday, Musk laid off about half of Twitter’s workforce, affecting staff throughout all departments.
“Of us at Twitter previous and current are sturdy and resilient. They’ll at all times discover a approach irrespective of how tough the second,” Dorsey writes. “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 dimension too shortly. I apologize for that.”
“Elon is the singular resolution I belief,” Dorsey said on Twitter in April. “I belief his mission to increase the sunshine of consciousness.” He expressed this similar sentiment within the private text messages that were revealed as part of Twitter’s lawsuit towards Musk. In a message to the Tesla and SpaceX CEO, Dorsey mentioned, “I received’t let this [the acquisition] fail and can do no matter it takes. It’s too important to humanity.” Dorsey retained a 2.4 p.c stake in Twitter when Musk assumed possession, in keeping with a filing with the Securities and Alternate Fee.
Previous to shedding about 50 p.c of Twitter’s workers, which included 15 percent of the staff chargeable for content material moderation, Musk also fired Agrawal and quite a lot of different executives, together with chief monetary officer Ned Segal and coverage chief Vijaya Gadde. A gaggle of Twitter employees has since filed a class action lawsuit towards the corporate, accusing it of not giving them sufficient discover of the job cuts in step with the federal Employee Adjustment and Retraining Notification Act (WARN) and California WARN Act.
