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'I realize many are angry with me': Twitter founder Jack Dorsey apologises amid Elon Musk-led laying off drive

The timing of Jack Dorsey's apology is crucial as Twitter employees in a huge number are being ousted from the firm.

Raju Kumar Edited By: Raju Kumar @rajudelhi123 New Delhi Updated on: November 05, 2022 23:47 IST
Jack Dorsey's apology came amid laying off at Twitter
Image Source : AP Jack Dorsey's apology came amid laying off at Twitter

Twitter founder Jack Dorsey on Saturday apologised to the employees of the company saying he owned the responsibility for why everyone is in this situation.

In a tweet post, he said, “Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment. I realize many are angry with me. I own the responsibility for why everyone is in this situation: I grew the company size too quickly. I apologize for that,”.

His another tweet read, “I am grateful for, and love, everyone who has ever worked on Twitter. I don't expect that to be mutual in this moment...or ever…and I understand.”

His comment came a day after Twitter Inc under new owner Elon Musk laid off nearly 50 per cent of its workforce. 

Elon Musk's justification for unprecedented laying off

Defending his decision over layoff of Twitter employees, Tesla CEO Elon Musk said that the micro-blogging site was losing more than USD 4 million per day. 

Taking to Twitter, Elon Musk said, "Regarding Twitter's reduction in force, unfortunately, there is no choice when the company is losing over USD 4M/day. Everyone exited was offered 3 months of severance, which is 50% more than legally required."

"Again, to be crystal clear, Twitter's strong commitment to content moderation remains absolutely unchanged. In fact, we have actually seen hateful speech at times this week decline *below* our prior norms, contrary to what you may read in the press, he added.

On Friday, as per an unsigned internal memo seen by The Verge, Twitter employees were notified in an email that the layoffs were set to begin. Musk is expected to cut roughly half of Twitter's roughly 7,500-person workforce.The entrepreneur's purchase of Twitter for USD 44 billion was completed last week and on that same day, he fired several of the company's top leaders, including the chief executive Parag Agrawal.

Musk had already indicated that he would make job cuts at Twitter, telling employees at a town-hall meeting this summer that there needs to be "a rationalization of headcount" at the social network.

Meanwhile, talking about the new changes in the micro-blogging site, Musk said in a tweet, "Again, to be crystal clear, Twitter's strong commitment to content moderation remains absolutely unchanged. In fact, we have actually seen hateful speech at times this week decline *below* our prior norms, contrary to what you may read in the press."Earlier, Elon Musk, who closed the USD 44 billion twitter acquisition deal and took control of the micro-blogging platform, blamed "activist groups pressuring advertisers" for a "massive drop in revenue" as the company. 

Also Read: Elon Musk defends layoffs, says 'Twitter losing over USD 4 million a day'

(With PTI input)

 

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