Jack Dorsey is feeling guilty for the firing of dozens of Twitter employees by Elon Musk
Jack Dorsey, Twitter’s co-founder and ex-CEO, addressed the widespread layoffs that occurred while the firm was still under Elon Musk’s control by claiming that he had “the responsibility for why everyone is in this situation” and that he expanded the business “too quickly.” Musk fired over half of Twitter’s staff across all departments on Friday.
Dorsey said. “Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment, I realise many are angry with me. I own the responsibility for why everyone is in this situation: I grew the company size too quickly. I apologise for that.”
Dorsey has held the position of Twitter’s chief executive officer twice. Returning to the position he had been fired from in 2007 as Twitter CEO, he stayed in that position until his departure in November last year. After endorsing Musk’s takeover of Twitter, he handed up his CTO duties to Parag Agrawal.
Dorsey tweeted back in April, “Elon is the singular solution I trust,” . This opinion was also stated in Musk’s private text messages that were made public as part of Twitter’s lawsuit against him. Dorsey assured Musk, the CEO of Tesla and SpaceX, “I won’t let this [the acquisition] fail and will do whatever it takes. It’s too critical to humanity.” It’s just too important to human survival. According to an SEC filing, Dorsey maintained a 2.4% stake in Twitter after Musk acquired the company.
Musk sacked Agrawal and several other executives, including chief financial officer Ned Segal and policy chief Vijaya Gadde, before he let off over half of Twitter’s workers, 15 percent of whom were responsible for content moderation. Some former Twitter workers have launched a class action complaint against the firm, claiming that they were not given adequate warning of layoffs in accordance with the federal WARN Act and the California WARN Act.