Roughly half of the company Jack Dorsey co-founded in 2006 were laid off. Thousands of people were impacted by the workforce reduction led by Musk.
On Saturday morning, he said that people at the past and present are strong. They will find a way no matter how hard it is. Many are angry with me I am responsible for why everyone is in this situation because I grew the company too fast. I'm sorry for that.
Five months ago, he stepped down from the board of the company. I don't think that's going to happen in this moment or ever.
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
Since last week, Musk has taken over the platform. In the past, he said that he trusts Musk.
There are documents from the Musk trial that show how the company was thinking about the future. In a text, Musk said that he was leaving because of the need for a new platform.
It must be an open source protocol that is funded by a foundation that doesn't own the protocol. It is similar to what Signal has done. It can't have an ad model.
The impacted employees used the #LoveWhereYouWorked to thank each other, as well as sharing personal news. The new # is a sweet phrase, not because I'm gone, but because it's gone.
His silence was noticed even though he was no longer an official at the company. Musk spoke about the layoffs on Friday.
There is no choice when the company is losing millions of dollars a day. Everyone who left was offered three months of severance, which is 50% more than the law requires.
Current and former employees of the social networking site can reach out to Mascarenhas at either of the two places.
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