“I own the responsibility”: Twitter Founder Jack Dorsey Breaks Silence On Mass Layoffs
After Elon Musk confirmed the layoffs were to save operating costs, many fired employees started to tweet about their journey at Twitter & their emotional state. The massive layoffs were reported on Twitter’s official website, where a large number of staff members appeared to unite behind the #OneTeam hashtag, a blue heart, and salute emojis.
On Saturday, Twitter founder Jack Dorsey spoke out about the changes Elon Musk, the new CEO of the micro-blogging site, had brought to the company. On an emotional note, Jack said:
“I grew the company size too quickly. I apologize for that.”
He further went on to say that he was grateful to all those who helped build Twitter and made it to what it is today. And that he understood if the feeling was not mutual at the moment.
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
In an official note, Twitter Inc. told their sacked employees, “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”.
Over the years, influencers, decision-makers, journalists, and other thought leaders have grown to rely on Twitter, a very tiny but strong platform that has essentially evolved into a digital public square.
- Are XRP and Midnight Ahead in Tokenization? Cardano’s Hoskinson Sparks Debate Amid Canton Push
- Breaking: U.S.-China Tensions Heat Up as China Imposes New Sanctions; Bitcoin Falls
- BlackRock Hints at a Big Sell-Off As $27B In Crypto Options Expire
- Aave DAO vs Labs: Aave Founder Pledges Clearer Economic Alignment as DAO Rejects Brand Asset Transfer
- Universal Exchange Bitget Partners UNICEF to Equip Youths to Thrive in the Digital Economy
- Cardano Price Eyes a 40% Surge as Key DeFi Metrics Soar After Midnight Token Launch
- FUNToken Price Surges After MEXC Lists $FUN/USDC Pair
- Bitcoin Price on Edge as $24B Options Expire on Boxing Day — Is $80K About to Crack?
- Crypto Market Rebounds: Are Bulls Positioning for a Santa Rally?
- XRP, Bitcoin, Ethereum Price Predictions Ahead of Jan 2026 CLARITY Act and US Crypto Reserve Plans
- Pi Network Analysis: Pi Coin Price Surges on Christmas Eve, Can It Hit Year-End Highs?
Claim $500




