Jack Dorsey, co-founder of Twitter, apologizes after firings of the company commanded by Elon Musk

Jack Dorsey, co-founder of Twitter, apologizes after firings of the company commanded by Elon Musk

Jack Dorsey, who was a co-founder and former CEO of Twitter, apologized after the cut of half of the workforce brought inside the tech company and undertaken by new owner Elon Musk.

Dorsey, who stepped down as CEO of the tech company in November 2021 and left the board of directors in May this year, he said Twitter staff are “strong and resilient,” even if there is some resentment toward him.

The employees “they will always find a way, no matter how difficult the moment is”he wrote in a statement.

“I realize that many are angry with me. I am responsible for them being in this situation: I made believe the size of the company too quickly. I apologize for that”said.

“I am grateful and love everyone who has ever worked at Twitter. I don’t expect it to be mutual right now…or ever…and I understand.”said.

The remarks come after Elon Musk justified the mass layoffs as part of a reorganization of the tech company after buying it for $44 billion. The billionaire alleged that losses of more than $4 million per day were reported.

“With regard to reducing Twitter’s strength, there is unfortunately no other option when the company is losing more than 4 million dollars a day. All those who left were offered 3 months of compensation, which is 50% more than what is legally required. said.

The series of dismissals began with a letter addressed to employees. In it he said that about half of the workforce, made up of 7,500 workers, would lose their jobs. Several of the workers were notified between last Thursday and Friday. In the case of Mexico, the social network offices were completely closed.

The laid-off employees filed a class action lawsuit against the company, alleging that the firings violate federal law that requires 60-day notice for employees.

While the reorganization is taking place, several companies have expressed their concern and have stopped paying for advertisements on the platform. Some of them are General Motors, General Mills, Modelez International, Oreo, Pfizer and Audi.

It should be remembered that when Musk began the purchase of Twitter, in April, Dorsey said that the richest man in the world was the “unique solution that I trust” and that the acquisition “was the right way to go.”

Rachel Maga
Rachel Maga is a technology journalist currently working at Globe Live Media agency. She has been in the Technology Journalism field for over 5 years now. Her life's biggest milestone is the inside tour of Tesla Industries, which was gifted to her by the legend Elon Musk himself.