Former Twitter CEO Jack Dorsey Says He ‘Owns Responsibility’ for Company’s Mass Layoffs

Then Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, on Nov. 12, 2018. Anushree Fadnavis/Reuters

Twitter co-founder and former CEO Jack Dorsey said on Saturday that he was responsible for the company’s situation that has resulted in the layoff of 50 percent of the workforce under new owner Elon Musk.

Dorsey posted an apology on Twitter for “growing the company size too quickly,” which he claimed was the cause of the company’s massive layoffs following Musk’s official takeover last month.