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Jack Dorsey says he’s the reason why Twitter has issued massive layoffs

  • Now that Elon Musk is at the helm of Twitter, this past weekend has seen a vast number of firings at the company.
  • In the wake of the layoffs, former CEO Jack Dorsey has stepped forward to discuss his role in the company’s failings. 
  • To that end he says he grew the company too quickly, resulting in the state it finds itself now.

The current state of affairs at Twitter remain difficult for many as this past weekend saw a massive number of layoffs at the company as new owner looks to streamline operations while monetising as much of the social media platform as possible. In the wake of the firings, former CEO turned Bitcoin evangelist, Jack Dorsey, has stepped forward to discuss his role in shaping Twitter into what it is today.

To that end, he tweeted out that he grew the company “too quickly”, which apparently resulted in Twitter being overstaffed and subsequently needing to cull numbers in order to deal with poor performances during recent financial quarters.

Jack Dorsey also acknowledged the fact that many people at Twitter, both fired and still employed, blame him for the current state of affairs. This is reportedly in reference to a New York Post story that was published over the weekend in which Dorsey was cited for being a key contributor as to why nearly half of employees at the company are now being let go.

“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,” he tweeted.

While there is indeed an acknowledgement from the former CEO, given that Dorsey stepped down from the company and was a key part of getting Musk to purchase Twitter, the apology does ring a little hollow.

This especially as coming forward on social media does little to assist the people who are now being fired on the back of Jack Dorsey admitting to growing the company too quickly.

Whether Dorsey will face any action for his part in the current state of affairs at Twitter remains to be seen, but with several advertisers chosen to pause spending on the platform, not to mention users looking for alternatives as the company pushes ahead with its plan to up the price of Twitter Blue, the microblogging site we once knew in the early 2000s is nothing like what it was before.

[Image – Photo by Christian Lue on Unsplash]

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