BusinessCircleBusinessCircle
  • Home
  • SMEs
  • Startups
  • Markets
  • Finances
  • HR
  • Marketing & Sales
  • Technology
Facebook Twitter Instagram
Saturday, May 10
  • About us
  • Advertise with us
  • Submit Articles
  • Privacy Policy
  • Contact us
BusinessCircleBusinessCircle
  • Home
  • SMEs
  • Startups
  • Markets
  • Finances
  • HR
  • Marketing & Sales
  • Technology
Subscribe
BusinessCircleBusinessCircle
Finances

Jack Dorsey apologies for massive layoffs at Twitter, takes responsibility

Business CircleBy Business CircleNovember 6, 2022No Comments2 Mins Read

[ad_1]

Twitter co-founder Jack Dorsey on Saturday took accountability for mass layoffs on the firm underneath Elon Musk.

Dorsey, in a tweet, apologised and stated, “Of us at Twitter previous and current are robust and resilient. They are going to at all times discover a manner regardless of how troublesome the second. I understand many are indignant with me. I personal the accountability for why everyone seems to be on this state of affairs: I grew the corporate dimension too rapidly. I apologize for that.”

I’m grateful for, and love, everybody who has ever labored on Twitter. I do not anticipate that to be mutual on this second…or ever…and I perceive. 💙

— jack (@jack) November 5, 2022

He additional added, “I’m grateful for, and love, everybody who has ever labored on Twitter. I do not anticipate that to be mutual on this second…or ever…and I perceive.”

This replace comes a day after large layoffs have been reported at Twitter workplaces from around the globe.

At Twitter India, over 50 per cent of the workers was laid off with out prior intimation. In the meantime, within the US, a number of workers obtained a mail saying, “If on strategy to workplace, please return house.”

Musk confirmed the layoffs in a tweet, “Concerning Twitter’s discount in drive, sadly, there isn’t any alternative when the corporate is dropping over $4M/day.”

Concerning Twitter’s discount in drive, sadly there isn’t any alternative when the corporate is dropping over $4M/day.

Everybody exited was provided 3 months of severance, which is 50% greater than legally required.

— Elon Musk (@elonmusk) November 4, 2022

Musk assured that each one who’ve exited the corporate have been provided 3 months of severance.



[ad_2]

Source link

apologies Dorsey Jack layoffs Massive Responsibility Takes Twitter
Business Circle
  • Website

Related Posts

US manufacturing output increases in March; February data revised higher

April 16, 2024

AbbVie to spend $1.9B for long acting injectables (NYSE:ABBV)

April 16, 2024

‘Febrile’ excitement helping early stage AI keep pace with the U.S.

April 16, 2024

Johnson & Johnson (JNJ) earnings Q1 2024

April 16, 2024
Add A Comment

Leave A Reply Cancel Reply

Recent Posts
  • Brighton Photographer Headshots Portraits Actors Music Creatives Content Photographers Sussex
  • Normal Water, Sanitation In Inclusion To Hygiene Wash Within Emergencies
  • Bongobongo App Download Regarding Androidapk In Addition To Ios
  • Bongobongo Evaluation Kenya In-depth Evaluation For 2025
  • Sporting Activities Wagering Online In Zambia
© 2025 BusinessCircle.co
  • Home
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Type above and press Enter to search. Press Esc to cancel.