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Tribune News Service
Tribune News Service
Business
Jessica Schladebeck

Twitter founder Jack Dorsey tweets apology after Elon Musk’s mass layoffs

Jack Dorsey issued an apology to Twitter employees past and present a day after its new owner, Elon Musk, fired half the social media company’s 7,500-member workforce.

“Folks at Twitter past and present are strong and resilient,” the Twitter founder tweeted Saturday morning. “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.”

By June 30, 2013, shortly before the social media company went public, Twitter had approximately 2,000 employees, according to documents filed with the U.S. Securities and Exchange Commission. That figure nearly tripled by the time Musk acquired the company on Oct. 27 and then immediately started axing executives and staff.

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