WALL – Jack Dorsey, the founder and former CEO of Twitter, made an announcement relating to the mass layoffs that got here to the agenda after the platform was bought to Elon Musk. “I’ve grown the corporate so quick. I am sorry about that,” stated Dorsey. The duty is mine,” he stated.
Dorsey stated, “I admire and love everybody who has labored at Twitter. “I do not count on it to be mutual now or ever, and I perceive,” he continued.
MUSK: THERE WAS NO OTHER OPTIONS
After Elon Musk’s eventful buy of Twitter for $44 billion, 50 % of the workers have been laid off yesterday. Musk claimed that the corporate misplaced greater than $4 million day-after-day and that almost half of the corporate’s workers had “no alternative however to put off”. Defending the layoffs, Musk stated, “With regard to Twitter’s present layoffs, sadly, with the corporate dropping over $4 million a day, there is no such thing as a different alternative. Everybody who was eliminated was provided 3-month severance pay, which is 50 % greater than what’s legally required. (EXTERNAL NEWS)
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