Twitter founder's apology amid Elon Musk's huge layoffs: "Many furious with me."

 Jack Dorsey, the founder of the company, admitted on Saturday that many people are angry with him and that he knows it. People at the past and present are strong and resilient. They will always find a way. Many are angry with me. I am responsible for why everyone is in this situation because I grew the company too quickly. I apologize for that. The former company CEO apologized and said that he loves everyone who has ever worked on the social networking site.

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I don't think that will happen in this moment. He said that he understands or ever. In the wake of Musk's takeover of the platform, there have been massive layoffs at Twitter. Musk is firing half of the social media company's staff this weekend amid public feuds with leading liberal and progressive elites and commoners. Hundreds of employees were given pink slips on Friday as Musk began to change the social media platform he bought for a whopping $44 billion late last month.

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Also Read:If in office or on your way, please return home: Elon Musk

 Musk said that he had no other choice since it was losing $4 million a day. The company had a net loss of $270 million in the second quarter, compared to a profit of $66 million in the same period a year ago. The majority of its employees in India have been fired. There are layoffs across engineering, sales and marketing, and communications teams. Musk blamed activists for a drop in the company's revenues. There has been a massive drop in revenue due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists. 

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They're trying to destroy free speech in America. Since Musk took the helm of the company, roughly 7,500 employees have been expecting layoffs. Chief Financial Officer Ned Segal and General Counsel Sean Edgett were ousted by Musk after he completed the acquisition.