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Tag: Jack Dorsey

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Twitter Braces For Company-Wide Layoffs Under New CEO

Company co-founder Jack Dorsey, recently installed as CEO, has promised “big changes” for Twitter, and “has been vocal about the need to shake things up at the company, as user growth and engagement has stalled and the company’s stock has been battered,” according to Business Insider. Dorsey described the company’s flagging performance as “unacceptable” and promised to “ensure more disciplined execution” in a June conference call.

LEON NEAL/AFP/Getty Images

Jack Dorsey Returns as Permanent Twitter CEO

Twitter co-founder Jack Dorsey has been voted in as the permanent CEO of Twitter by the social media site’s board. This follows a three-month stretch as interim CEO following the resignation of his predecessor, Dick Costolo in July. Dorsey co-founded Twitter