mark zuckerberg's quiet exit from facebook's top spot

Jack Dorsey Lays Off 900 Workers, Shifts Focus to Lowercase Email and "Straight Facts"

Twitter co-founder and CEO Jack Dorsey has laid off nearly 900 employees, approximately 10% of the company's workforce, in a move aimed at streamlining operations and refocusing on core products.

The layoffs, which were announced in an internal memo earlier this week, affected employees across various departments, including sales, marketing, and customer support. The cuts are part of a broader effort to simplify the company's structure and prioritize key initiatives.

Dorsey, who has been under pressure to revamp Twitter's stagnant user growth and improve the platform's overall performance, is also shifting his attention to two key projects: a new email service called Lowercase and a venture called "Straight Facts," which aims to promote transparency and accuracy on the internet.

Lowercase, which is expected to launch later this year, promises to revolutionize the way people communicate by allowing users to send emails in a more relaxed, conversational tone. The service is designed to be more intuitive and user-friendly than traditional email platforms, with features like automatic formatting and a focus on brevity.

Straight Facts, on the other hand, is an initiative aimed at combating misinformation and disinformation on the internet. The program will involve a team of fact-checkers and researchers who will work to verify the accuracy of online content and provide users with reliable information.

In a statement, Dorsey emphasized the importance of these initiatives, saying, "We're committed to building a platform that is more transparent, more trustworthy, and more useful to our users. Lowercase and Straight Facts are key parts of that effort, and we're excited to see the impact they'll have."

The layoffs, while significant, are not expected to have a major impact on Twitter's overall operations. The company has a strong team in place to support its core products, including Twitter, Periscope, and Vine.

As Twitter continues to evolve and adapt to changing user needs, Dorsey remains committed to his vision of creating a platform that is more authentic, more engaging, and more meaningful. With Lowercase and Straight Facts, he's taking a bold step towards making that vision a reality.