Twitter Founder Jack Dorsey’s Apology Amid Elon Musk’s Change Overdrive

Twitter founder Jack Dorsey today apologised to the employees of the company, a day after the social media laid off nearly 50 per cent of its work force.

“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,” Mr Dorsey tweeted.

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.

— jack (@jack) November 5, 2022

Elon Musk, who acquired Twitter last week, has removed most top executives and the board and roughly half the company’s 7,500 employees. The move capped a week of chaos and uncertainty about the company’s future under new owner Elon Musk, the world’s richest person, who tweeted on Friday that the service was experiencing a “massive drop in revenue” from the advertiser retreat.

Jack Dorsey stepped down from the Twitter board in May this year, ending his formal relationship with the social network heco-founded in 2006. He has been a director since 2007, and was most recently Twitter CEO from mid-2015 until his resignation last year.