Twitter co-founder Jack Dorsey issues apology following Musk's mass layoffs

Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida.
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Photo credit Joe Raedle/Getty Images

After it was announced that Elon Musk had eliminated approximately half of the workforce of his newly acquired company Twitter, co-founder, and former Twitter CEO Jack Dorsey issued an apology on Saturday.

Dorsey took to Twitter to issue his apology for the firings, saying that he felt partly to blame for what was happening to his former employees.

"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," Dorsey tweeted.

He continued in another tweet by sharing how grateful he was for the company employees who had lost their roles.

"I am grateful for, and love, everyone who has ever worked on Twitter. I don't expect that to be mutual in this moment...or ever…and I understand," he continued.

But the tweet was met with criticism as many in response pointed out tweets that Dorsey had previously written about handing the reins of the company over earlier this year, where he said the "singular solution I trust" is Musk.

"I trust his mission to extend the light of consciousness," Dorsey wrote in April. He said at the time, Musk's plan for Twitter was "the right one."

On Thursday evening, Musk informed the more than 7,500 full-time workers that they would receive emails about their employment status moving forward. Musk then confirmed that his team had laid off close to half of the company's workforce during an investor conference Friday, CNBC reported.

Musk has not remained silent on his actions, saying that he was left with "no choice" but to make cuts, saying that the company was losing $4 million a day.

The move has been called "an effort to place Twitter on a healthy path." Those fired were also "offered 3 months of severance," something Musk said is "50% more than legally required."

A class action lawsuit has been filed against Twitter for the firings as the company allegedly violated federal and state law, which requires 60 days' notice in the course of mass layoffs, CNBC reported.

Featured Image Photo Credit: Joe Raedle/Getty Images