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social network co-founder Jack Dorsey regrets and praises the “resilience” of employees

Many employees were waiting for a reaction from their former boss when Elon Musk took over the platform and laid off half the workforce.

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“People on Twitter, past and present, are strong and resilient.” The day after the dismissal of half the staff of the social network he co-founded in 2006, Jack Dorsey expressed his support for Twitter employees on Saturday 5 November. “They will always find a way (to recover) no matter how difficult the moment is”added the entrepreneur who left his executive position a year ago.

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“I realize that many of you are angry with me. I take responsibility for everyone in this situation: I made the company grow too fast. I apologize for that.”Jack Dorsey continued. Many employees were waiting for a reaction from their former boss when Elon Musk took over the platform a week ago.

Jack Dorsey left the company’s board of directors in 2022, after relinquishing his post as chief executive officer to Parag Agrawal, the group’s former chief technology officer, at the end of November 2021. Elon Musk acquired Twitter on October 27, after six months of a very eventful acquisition, and he immediately dissolved the board of directors and thanked him Parag Agrawal and other senior officials.

The Tesla boss funded the $ 44 billion acquisition through personal contributions, loans and partners. Jack Dorsey, for his part, has contributed more than 18 million titles, or 2.4% of Twitter, and is therefore also part of the new holding company of Elon Musk. “I am grateful to everyone who has worked on Twitter and I love each and every one of them. I don’t expect it to be reciprocated right now … Or maybe ever … And I understand.”he concluded.

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