Twitter founder Jack Dorsey breaks silence over job losses with online apology

Twitter founder Jack Dorsey has apologized for saying “the company has grown in size too quickly” amid job losses affecting hundreds of workers in Ireland and thousands around the world.

orsey broke his silence on the matter this afternoon, writing on the social media platform: “People at Twitter past and present are strong and resilient. You will always find a way, no matter how difficult the moment.

“I realize that many are angry with me. I am responsible for why everyone is in this situation: I increased the size of the company too quickly. I apologize for that.”

It came hours after Elon Musk, owner of Twitter and richest man on earth, claimed he had “no choice” but to let thousands of the company’s employees go as it bled $4 million every day.

Musk is understood to have ordered about half of Twitter’s 7,500 global employees to be laid off to cut operating costs, with hundreds of Dublin’s 500-strong team believed to have been laid off on Friday.

Musk has previously said he wants to reduce the workforce to around 2,000.

Many used the app they were working on to share the news of her death. Some employees learned of the loss of their livelihood yesterday when they found they were locked out of work computers and email accounts.

“Unfortunately, in terms of reducing the power of Twitter, when the company is losing over $4 million a day, there is no other choice. Everyone who left was offered a three-month severance package, which is 50 percent more than the law requires,” Musk tweeted late Friday night.

This comes after he previously tweeted that Twitter had recently suffered a “massive drop in revenue” which he blamed on “activist groups pressuring advertisers”.

This was, Musk claimed, “although moderation of the content hasn’t changed and we’ve done everything we can to placate activists.” Extremely messed up! They’re trying to destroy freedom of speech in America.”

Advertisers have been reluctant to do business with the site in recent weeks, as Musk previously pledged to ensure “absoluteness of expression” prevails on the social media platform.

General Motors, Pfizer, and Audi are just a few of the brands that have pulled ads from the app since Musk acquired it.

Entire teams previously working to make Twitter more user-friendly are believed to have been fired on Friday, including: the entire human rights team, the accessibility team, the curation team, and the entire ethics, transparency and accountability teams.

Musk bought Twitter after a legal battle in which he was trying to wriggle out of the deal he signed with shareholders to buy the company for $53 a share. Many analysts believe this is at least double, if not triple, the actual value of Twitter stock.

A Taoiseach Micheál Martin said on Friday the way Twitter employees were fired was “unacceptable”.

“This is not how we conduct labor relations or organize relations between employers and employees. There has to be respect – there has to be dignity in situations like this,” said Martin.

https://www.independent.ie/news/twitter-founder-jack-dorsey-breaks-silence-on-job-losses-with-online-apology-42121321.html Twitter founder Jack Dorsey breaks silence over job losses with online apology

Fry Electronics Team

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