'I Own The Responsibility': Twitter Founder Jack Dorsey Apologizes Amid Mass Layoffs After Elon Musk's Takeover

Dorsey owned up for the current situation at Twitter and said he realises that many people are "angry with him".

By : ABP News Bureau | Updated at : 05 Nov 2022 10:45 PM (IST)

Twitter Founder Jack Dorsey First Reaction Amid Twitter Mass Layoffs Elon Musk Twitter Takeover 'I Own The Responsibility': Twitter Founder Jack Dorsey Apologizes Amid Mass Layoffs After Elon Musk's Takeover

Twitter founder and former CEO Jack Dorsey (File Pic)

Source : Getty

Twitter founder Jack Dorsey apologised to the employees of the company on Saturday, a day after the microblogging site laid off nearly 50 per cent of its workforce. In a tweet, Dorsey owned up for the current situation at Twitter and said he realises that many people are "angry with him".

"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," he said.

"I am grateful for, and love, everyone who has ever worked on Twitter. I don't expect that to be mutual in this moment...or ever…and I understand," he added.

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

Elon Musk, who took over Twitter last week, removed top executives and the board and the laid off roughly half the company’s employees in a bid to cut costs.

In India, Twitter fired over 200 employees. The layoffs were made across engineering, sales and marketing, and communications teams. However, there is no clarity yet on the severance package to be paid to employees laid off in India, according to PTI.

Musk has also earlier announced Twitter will charge USD 8 per month from verified (blue tick) accounts on the social media platform.

Tesla's CEO took complete control of Twitter after he bought the company for a whopping USD 44 billion and dissolved the board of directors. This made Musk the sole owner of the company.