Jack Dorsey: Twitter co-founder breaks silence on Elon Musk takeover

Twitter co-founder and ex-CEO Jack Dorsey has addressed the wide sackings astatine his erstwhile firm, apologising for increasing Twitter "too quickly".

Half of the societal media giant's unit are being fired, a week aft Elon Musk bought it successful a $44bn deal.

Twitter unit took to the level to explicit their choler astatine the firings.

In a connection posted connected the microblogging site, Mr Dorsey - who discontinue arsenic CEO successful November and near the committee of directors successful May - said Twitter unit "are beardown and resilient. They volition ever find a mode nary substance however hard the moment. I recognize [sic] galore are aggravated with me. I ain the work for wherefore everyone is successful this situation: I grew the institution size excessively quickly. I apologize [sic] for that."

"I americium grateful for, and love, everyone who has ever worked connected Twitter. I don't expect that to beryllium communal successful this moment...or ever…and I understand," helium added.

His connection appeared to endorse the request for dismissals astatine the firm. The 45-year-old Mr Dorsey has been supportive of Mr Musk's takeover.

Back successful April erstwhile Mr Musk archetypal began his acquisition of Twitter, Mr Dorsey said the 51-year-old was the "singular solution I trust" and that the South African's takeover was "the close path...I judge it with each my heart".

Mr Dorsey created Twitter successful 2006 on with Evan Williams, Biz Stone, and Noah Glass. He sent the company's archetypal Tweet, penning "just mounting up my twttr".

The cuts person travel crossed Twitter's 7,500-strong enactment force, and determination are fears it could harm the firm's contented moderation efforts.

Despite the dismissals Mr Musk has said the firm's policies stay "absolutely unchanged".

A big of large brands person halted advertizing spending with Twitter successful caller days, including Volkswagen, General Motors and Pfizer.

Almost each of Twitter's gross presently comes from advertising, and Mr Musk has been looking for ways to chopped costs and marque wealth successful antithetic ways from the platform, including plans to complaint a monthly $8 (£7) subscription interest for users to beryllium verified connected the platform.