Jack Dorsey just gave a third of his Twitter stock to employees



Barely a week after laying off more than 300 employees, Twitter CEO Jack Dorsey just gave a big gift to the company’s workforce.

The Twitter founder plans to give one third of his stock —what amounts to 1% of the company — back to his employees, Dorsey announced Thursday.

Saying he would “rather have a smaller part of something big than a bigger part of something small,” Dorsey noted the move is meant to help Twitter continue to grow. The shares, which are worth roughly $200 million, will go into the company’s employee equity pool, which means there will be more Twitter stock available to employees Read more…

More about Twitter, Social Media, Jack Dorsey, Business, and Startups


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