More than a decade ago, Jack Dorsey introduced himself to the world as the CEO and co-founder as one of the world’s most prominent social media networks, Twitter. This week, that chapter of his life came to a close as Elon Musk and company reportedly acquired the social media platform for more than $44 billion. In the wake of this groundbreaking deal, Dorsey took to his social media platform to share a brief statement regarding the matter.
“I love Twitter. Twitter is the closest thing we have to a global consciousness,” he wrote.
“Elon’s goal of creating a platform that is “maximally trusted and broadly inclusive” is the right one. This is also Parag Agrawal’s goal, and why I chose him. Thank you both for getting the company out of an impossible situation. This is the right path. I believe it with all my heart.”
Musk’s proposed acquisition of the social media giant leaves more questions than answers. Most importantly, many of the company’s employees are wondering where this deal will leave them moving forward. For now, Twitter CEO Parag Agrawal claims that there are no plans to layoff current employees.
“There is indeed uncertainty about what will happen after the deal closes,” Agrawal said, according to The Verge.
Specifically, many are concerned about what Musk’s acquisition of Twitter will mean for the company’s Black employees. In the past, Twitter has been praised for building a “diverse” staff. Meanwhile, Black staffers at Tesla have raised issues with the way that Musk’s company treats Black employees.
“How could a racist billionaire that’s currently being sued by all his Black employees taking over a tech company that has some of the most diverse staff possibly go wrong?” publicist Valese Jones tweeted.
“Black creativity has always made social media what it is and Twitter is no exception. It’s now owned by Elon Musk, someone whose staffers say was so repulsed by the sight of their Black faces, they had to physically hide when he visited the workplace,” Bridget Todd of iHeartRadio added.
The future of Twitter is certainly unclear and the next year will pave the way for the company’s future.
— jack?? (@jack) April 26, 2022