“So we have made an extremely tough decision: we plan to part ways with up to 336 people from across the company,” Dorsey said Tuesday in an SEC filing. He was named CEO of Twitter on Oct. 5.
Jack Dorsey starts this morning with a mildly apologetic tweet:
Twitter to laid-off employees will get packages that will cost between $10 million and $20 million, according to the company.
I’ve been impacted by $TWTR‘s layoffs. This is how I found out this morning. pic.twitter.com/MbjFwYLcU2
— Bart Teeuwisse (@bartt) October 13, 2015
Others followed suit:
Hey #Twitterlayoffs – looking for an amazing company? @tune is growing fast up here in Seattle + affordable vs SF: http://t.co/I9MOuOnUWV
— David Tobey (@detobey) October 13, 2015
Facebook is actively hiring tweeps! #Twitterlayoffs #StayStrong Shoot me a DM if you are interested!
— Lindsay Elliott (@linds) October 13, 2015