Featured

Twitter Founder Jack Dorsey Apologises To Employees For Mass Layoffs

By
OB Bureau

New York: As new owner Elon Musk has gone into overdrive towards restructuring Twitter, the founder of the microblogging site on Saturday apologised to its employees.

A day after the social media company laid off nearly 50 per cent of its work force, Jack Dorsey took responsibility for so many employees being in this situation.

“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 apologise for that,” Dorsey tweeted.

Dorsey quit as chief executive of Twitter last November, when Parag Agrawal was appointed CEO.

Dorsey stepped down from the Twitter board in May this year, ending his relationship with the social network he founded in 2006.

Musk last week completed the $44 billion takeover of Twitter, and immediately sacked Agrawal along with most top executives and the board.

Around half the company’s 7500 employees received marching orders on Friday, capping a week of chaos and uncertainty about their future under the world’s richest person.

OB Bureau

Recent Posts

After NADA Decision, World Wrestling Body Suspends Bajrang Punia Till End Of 2024

New Delhi: Taking cognisance of the National Anti-Doping Agency’s (NADA) decision to provisionally suspend Bajrang…

May 9, 2024

Bhubaneswar J30 ITF Juniors Meet: Odisha’s Debasis Sahoo A Win Away From Title

Bhubaneswar: Odisha’s Debasis Sahoo showed his fighting qualities to overcome Aashravya Mehra in the boys’…

May 9, 2024

Odisha Polls: BJD Releases Manifesto, Promises To Spend Rs 1 Lakh Crore For Youths In 10 Years

Bhubaneswar: The Biju Janata Dal (BJD) in Odisha on Thursday released its manifesto for 2024…

May 9, 2024

National Women’s Hockey League: Odisha Overcome Mizoram 2-0

Ranchi: Odisha defeated got the better of Mizoram 2-0 in the National Women’s Hockey League…

May 9, 2024

Hours After Sacking Cabin Crew Over Mass Sick Leave, Air India Express To Reinstate All Of Them

Mumbai: Hours after Air India Express announced termination of services of 30 cabin crew members for…

May 9, 2024

Odisha Polls: MLA Threatening Voters Of Withdrawing Welfare Schemes For Not Voting BJD, Alleges BJP

Bhubaneswar: The Bharatiya Janata Party (BJP) has accused Attabira MLA Snehangini Chhuria of threatening the…

May 9, 2024

LS Polls: PM Modi & Rahul Gandhi Invited To Public Debate; Will They Accept?

New Delhi: Prime Minister Narendra Modi and Congress leader Rahul Gandhi have been going hammer…

May 9, 2024

One Arrested For Shooting Leopard To Death In Odisha’s Sambalpur

Bhubaneswar: Forest officials have arrested one person for allegedly hunting a leopard in a forest…

May 9, 2024