Tag: company-wide
Former Twitter CEO Jack Dorsey says company-wide layoffs are his fault
Jack Dorsey says he can “understand” if current and former Twitter employees blame him for the state of the company under Elon Musk. The co-founder and former CEO of Twitter took to the platform on Saturday to say he was to blame for the situation. “Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment,” Dorsey said on Saturday. “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.”
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
Dorsey went on to add he was grateful to everyone who had ever worked at Twitter. “I don’t expect that to be mutual in this moment… or ever… and I understand,” he wrote. Dorsey posted the apology after The New York Post published a story earlier in the day claiming he is now “hated at Twitter.” Many employees reportedly “blame” him for Musk’s takeover and the company-wide layoffs that will see about 50 percent of Twitter’s workforce cut.
The thread marks Dorsey’s first public comment on Twitter since Musk closed his $44 billion deal to buy the company on October 27th. When the SpaceX founder first announced the takeover, Dorsey put his support behind it. “Elon is the singular solution I trust,” he said at the time. “This is the right path… I believe it with all my heart.” Dorsey was quiet after Musk attempted to renege on the acquisition, but in texts that became public in September, it became clear that he had wanted Musk to take a more active role at Twitter for some time.
Elon Musk reportedly ordered company-wide layoffs at Twitter
Elon Musk ordered company-wide layoffs at Twitter on Saturday, according to a report from The New York Times. It’s unclear how many workers will be affected by the purported job cuts, but sources tell the NYT that some departments will be affected more than others.
Previous reports indicate Musk wants to cut down on Twitter’s workforce by 75 percent, although he reportedly told employees otherwise when he arrived at the company’s headquarters carrying an actual sink on Wednesday. Twitter currently has about 7,500 staff members, and as noted by the Times, some managers have been asked to come up with lists of employees to let go.
The layoffs could occur before November 1st — the same day when employees are supposed to receive their…
Apple to Hold First Company-Wide Retail Meetings Since 2019 This Weekend
The meetings, planned to take place in Apple Stores across the United States, are the first of their kind since 2019 amid the global health crisis. Apple had originally planned for company-wide meetings, which typically happen once or twice a year ahead of a busy launch season, for the Spring of 2020 but canceled amid store closures and lockdowns. In years past, Apple has unveiled company-wide retail strategies and “pep talk” styled team discussions meant to prepare employees to launch new products.
This year’s meetings, however, come amid widespread tension within Apple over unionization, a factor not present in years past. Apple has been ramping-up its union-related talking points in the last several weeks, MacRumors has reported. Last week, Apple Store leaders across the United States communicated what employees perceived as “anti-union rhetoric” in a coordinated attempt to ease staff concerns.
Apple is preparing to launch several new products in the coming weeks, including the iPhone 14 and iPhone 14 Pro. Apple Store employees in several locations across the United States have been tasked with preparing for new merchandise material in the coming weeks, typical before a major new product launch. Bloomberg’s Mark Gurman has reported that the new iPhones will go on sale on Friday, September 16, with pre-orders opening a week before on Friday, September 9.
This article, “Apple to Hold First Company-Wide Retail Meetings Since 2019 This Weekend” first appeared on MacRumors.com
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