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Twitter co-founder Jack Dorsey offers apology amid Musk layoffs, admits he grew company ‘too fast’

November 6, 2022 | | Print Article

The change in leadership at Twitter was evidently not enough to assuage the guilt of co-founder Jack Dorsey who attempted to take responsibility for Elon Musk’s decisions Saturday after growing the social media company “too quickly.”

Whether going by “Chief Twit” or “Twitter Complaint Hotline Operator,” Elon Musk’s control of Twitter allowed for mass layoffs Friday as the billionaire attempts to improve the experience of the platform. As leftists decry the actions of the new owner that sent roughly half of the 7,500 member workforce packing, Dorsey posted his apologies for the course that led to this moment.

“Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment,” he wrote Saturday morning. “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.”

Dorsey went on to add, “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.”

Musk himself had suggested that the downsizing was mandatory as a result of the daily losses in revenue and posted, “Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day. Everyone exited was offered 3 months of severance, which is 50% more than legally required.”

However, while the new owner glossed over the losses generally, others were more direct in singling out what they suspect to be the actual flaws in Twitter’s growth in being “taken over by woke ideology” that is “anti-business” and becoming a “propaganda arm of the government.”

It was also pointed out that Musk’s leadership wasn’t being viewed through the proper perspective as those suggested anti-business practices were leading toward scheduled layoffs of about 25% of staff before his takeover. Looking at the glass half-full, the Tesla CEO was restructuring the company to keep half of the jobs to which he replied, “Correct.”

Still, progressives who aim to control the narrative focused on Dorsey’s own financial gain since the takeover and his support of Musk after his initial bid to buy the platform. According to the Financial Times, Dorsey had “rolled his entire stake of Twitter shares, worth nearly $1 billion at the buyout price of $54.20, into the privately-held company he founded, which is now controlled by Elon Musk.”

In April he tweeted, “In principle, I don’t believe anyone should own or run Twitter. It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.”

Meanwhile, Musk has prepared to take the fight directly the globalists who are pulling strings behind-the-scenes to negatively impact ad revenue. After he noted, “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists. Extremely messed up! They’re trying to destroy free speech in America,” the billionaire asserted, “A thermonuclear name & shame is exactly what will happen if this continues.”

 

Kevin Haggerty
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