Dorsey: I own full responsibility

The Twitter HQ on intersection of Market Street and 10th Street, San Francisco, California. Pics/AFP

Co-founder and former CEO of Twitter, Jack Dorsey, issued an apology on Saturday to those who were working at present and had been laid off since Elon Musk's takeover of the microblogging site.

In the midst of massive layoffs at the San Francisco-based social media behemoth, Dorsey asserted that he was to blame for everyone's present situation and that he was aware that many people were ‘angry' with him.

"Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment is. 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," he wrote on Twitter.

Jack Dorsey, co-founder, Twitter

As per the New York Post, Dorsey one of four co-founders of Twitter stepped down as CEO a year ago this month. Dorsey created a social media business called Bluesky, a new kind of decentralised network that claims to give users and developers greater power, just a little over a week after his fellow billionaire Musk purchased Twitter for an estimated $44 billion and started firing half the workforce.

According to New York Post, Dorsey, who also founded the monetary-payment company Block, chose to roll over his $1 billion stake, or 18 million shares, in Twitter rather than cash out.

‘Ensure human rights'

United Nations High Commissioner for Human Rights, Volker Turk on Saturday issued an open letter to Musk and urged him to "ensure human rights are central to the management of Twitter," following the reports of layoffs of entire human rights team of the microblogging site.

Twitter on Saturday updated its app in Apple's App Store to begin charging $8 for sought-after blue check verification marks, in Musk's first major revision of the social media platform.

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