Jack Dorsey tweets apology and takes responsibility for mass layoffs at Twitter under Elon Musk
he had"no choice" but to reduce Twitter's workforce as the company was losing $4 million a day.
Although Musk faced backlash for the surprise firings, he maintained that those affected were offered a severance package. "Everyone exited was offered 3 months of severance, which is 50% more than legally required," Musk wrote. Despite the chaotic changes to the staff throughout the week, former employees also voiced their love for working at Twitter prior to Musk's takeover.
Many shared photos and videos to depict happy memories at the company using the hashtags"#LoveWhereYouWorked,""#OneTeam," and"LoveTwitter."
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Twitter CEO Jack Dorsey silent about Musk's takeoverTech entrepreneur and former Twitter CEO Jack Dorsey has been virtually silent since Elon Musk acquired the platform and launched a major overhaul of the company, that included mass layoffs.
Read more »
Inside the wild life of billionaire Twitter founder Jack DorseyThe wild life of billionaire Twitter co-founder Jack Dorsey, who has apologized for Elon Musk's layoffs and is known for eccentricities like eating one meal a day, and taking ice baths
Read more »
Twitter employees: Look out for 'Your Role at Twitter' emailsTwitter employees will find out whether or not they've been laid off via an email called 'Your Role at Twitter,' Elon Musk says
Read more »
Paul Pelosi has been released from the hospital after violent assault, Insider has confirmedThe husband of House Speaker Nancy Pelosi was hospitalized with a skull fracture after being attacked with a hammer on Friday.
Read more »
Election night livestream and Insider watch party happening at 7 p.m. on Nov. 8KSAT anchors Steve Spriester, Stephania Jimenez and Myra Arthur will host a must-watch election results livestream as polls close and results begin trickling in at 7 p.m. on Nov. 8.
Read more »