Former Twitter CEO and co-founder Jack Dorsey has admitted he grew the company “too quickly” as new owner Elon Musk issues mass layoffs.
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
The layoffs affected around half of Twitter’s workforce, including approximately 15% of staff on Twitter’s Trust and Safety team in charge of content moderation.
Dorsey currently operates decentralized Twitter spin-off Bluesky, as well as Block, Inc (formerly Square, Inc).
Bloomberg has reported that the company has already begun asking some employees to come back. Some were laid off by mistake; others are needed to engineer new features on Musk’s wishlist.