Twitter co-founder Jack Dorsey apologizes for layoffs: 'I grew the company too quickly'

With the ongoing layoff fiasco on Twitter, its co-founder Jack Dorsey has stepped forward to take responsibility, saying he was solely responsible.

In a recent Twitter post, Dorsey apologized to company employees a day after the company laid off nearly 50% of its workforce.

On Friday, Twitter laid off thousands of employees in corporate departments. The layoffs would affect around 3,700 people. Twitter employees from departments including marketing and communications, AI, research, public policy, wellness and other teams tweeted that they had been terminated.

Also read: Elon Musk's first tweet after layoffs on Twitter: 'No choice when company loses'< /p>

Twitter CEO Elon Musk took to the microblogging platform on Saturday to justify his decision and said there was no other choice because the company is losing millions of dollars a day. He also said that everyone who quit was offered sufficient severance pay.

Musk bought Twitter for $44 billion and is under pressure to cut costs.

Dozens of Twitter employees tweeted how they coped with the anger over the layoffs.

A former senior community manager on Twitter tweeted how he was remotely logged out of the official system and relaxed.

Another former Twitter staffer said she no longer had access to her laptop when she was eight months pregnant.

A tweet from a former senior Twitter executive read:

Earlier this year, Dorsey resigned from Twitter's board of directors, ending his formal relationship with the company. He had been a director since 2007 and was most recently CEO of Twitter from mid-2015.

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