Bitcoin News- Reports of the widespread layoffs emerged on Twitter’s website, along with photos.
- Jack expressed appreciation for everyone who had a hand in making Twitter so far.
Many of the laid-off Twitter workers began tweeting about their experiences and feelings after Elon Musk said the layoffs were necessary to reduce operational expenses. Reports of the widespread layoffs emerged on Twitter’s website, along with photos of what looked to be a significant number of employees standing together under the #OneTeam hashtag, a blue heart, and salute emojis.
Grew Company Size Too Quickly
On Saturday, Twitter co-founder Jack Dorsey shared his thoughts on the direction the microblogging service is taking under Elon Musk. Jack said, “I grew the company size too quickly. I apologise for that.” Continuing, he expressed appreciation for everyone who had a hand in making Twitter what it is today. And he acknowledged that it may not be reciprocal right now.
Jack stated:
“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.”
Twitter Inc. informed its dismissed workers in an official letter:
“Today is your last working day at the company, however, you will remain employed by Twitter and will receive compensation and benefits through your separation date of 2 February 2023. During this time, you will be on a Non-working notice period and your access to Twitter systems will be deactivated”.
Bloggers, decision-makers, reporters, and other thought leaders have become reliant on Twitter, a little but powerful platform that has basically developed into a digital public square, over the years.
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Source: https://thenewscrypto.com/twitter-co-founder-jack-dorsey-shares-note-amid-mass-lay-off/