Thursday, June 1, 2023
Home Technology Jack Dorsey takes responsibility for Elon Musk’s mass layoffs at Twitter

Jack Dorsey takes responsibility for Elon Musk’s mass layoffs at Twitter

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.

Source link


Censorship, lockdowns, arbitrary bans — Twitter is turning into the China of social media • TechCrunch

Wow, that was fast. When Elon Musk bought Twitter and took it private in October, I figured we’d have some time earlier than issues...

With IT spending forecast to rise in 2023, what does it mean for startups? • TechCrunch

It relies on how integral you're to the CIO’s plans Though we’re in a interval of financial uncertainty, I come bearing excellent news: All...

New VC rules, AI biotech investor survey, Instagram ad case study • TechCrunch

When a cat is scared, it could conceal below the sofa; a startled fish will swim right into a darkish gap. And when...


Please enter your comment!
Please enter your name here

Most Popular

Al Pacino, 83, expecting baby with girlfriend Noor Alfallah

There’s a child on the way in which for Al Pacino.The native New Yorker, 83, is expecting a child with girlfriend Noor Alfallah,...

Theranos founder Elizabeth Holmes to report to prison

Fallen Silicon Valley star Elizabeth Holmes, founding father of the well being expertise startup Theranos, is scheduled to report back to jail...

Relative of slain victim surrenders to face charges in NYC party shooting

A relative of a person shot to loss of life outdoors a Brooklyn get together has surrendered to face fees as an confederate...

Uncle shoots nephew to death, wounds niece during Queens dinner fight

A household struggle over cooking dinner turned lethal inside a Queens house when a relative whipped out a gun, capturing his nephew to...

Recent Comments