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 scenario” and that he grew the corporate “too rapidly.” On Friday, Musk laid off about half of Twitter’s workforce, affecting staff throughout all departments.
“People at Twitter previous and current are robust and resilient. They are going to at all times discover a method regardless of how troublesome the second,” Dorsey writes. “I understand many are offended with me. I personal the accountability for why everyone seems to be on this scenario: I grew the corporate measurement too rapidly. 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 personal textual content messages that have been 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 crucial to humanity.” Dorsey retained a 2.4 % stake in Twitter when Musk assumed possession, in keeping with a submitting with the Securities and Alternate Fee.
Previous to shedding about 50 % of Twitter’s employees, which included 15 % of the group accountable for content material moderation, Musk additionally fired Agrawal and quite a few different executives, together with chief monetary officer Ned Segal and coverage chief Vijaya Gadde. A gaggle of Twitter staff has since filed a category motion lawsuit towards the corporate, accusing it of not giving them sufficient discover of the job cuts consistent with the federal Employee Adjustment and Retraining Notification Act (WARN) and California WARN Act.