Jack Dorsey

Jack Dorsey warns staff at his tipping firm Block he will fire underperformers ‘quickly’ and ditch ‘lazy’ performance improvement plans – as he looks to cull workforce by 10% as its growth outpaces revenue

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Jack Dorsey has announced sweeping changes to his new tech venture Block – including doing away with performance improvement plans. Three weeks ago, the firm announced it would slash hundreds of workers over the next year to get the headcount down to 12,000 – as much as a 10 percent cut. The company owns Square, whose … Read more

Jack Dorsey admits the Twitter’s failures are HIS fault – but also blames activist investor

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Twitter founder Jack Dorsey has admitted that the social media company’s many failures were his fault – before immediately passing the blame to one of the tech firm’s activist investors.  In a blog post published Tuesday, Dorsey owned up to allowing the company to stray from the preservation of free speech, but added that he … Read more

Elon Musk says some of the ‘most important’ Twitter data was ‘deleted’ or ‘hidden’ from former boss

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James Baker has long been in the crosshairs of Elon Musk, who on October 27 became his boss. Baker played a key role in a series of events that led to Democrat lawyer Michael Sussmann going on trial in May, accused of lying to the FBI. He was not accused of giving the FBI false … Read more

Twitter founder Jack Dorsey says SORRY to current and ex-employees after Elon Musk fired 3,700 staff

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Twitter founder Jack Dorsey says SORRY to current and ex-employees after Elon Musk fired half of social media giant’s staff and says he ‘grew the company too quickly’ – but keeps his $1 billion in shares Twitter co-founder Jack Dorsey tweeted an apology on Saturday after Elon Musk’s takeover, which saw him fire 3,700 of … Read more

Elon Musk subpoenas Twitter founder Jack Dorsey as legal dispute over $44BN purchase continues  

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Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey amid the ongoing legal battle over his $44 billion acquisition of the social network.  Musk’s legal team is likely seeking support from Dorsey – the ultimately Twitter insider who ran the company for eight years – for his argument that the platform has … Read more

Elon Musk becomes Twitter’s biggest shareholder after taking a 9.2% stake in company

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Elon Musk has become Twitter‘s largest shareholder after buying a 9.2 per cent stake in the social media company. The world’s richest man worth an estimated $273billion bought nearly 73.5 million shares, a document filed with the US Securities and Exchange Commission shows. It means the Tesla co-founder has more than quadruple the shares of Twitter’s … Read more