Today's Hard|Forum Post
Today's Hard|Forum Post

Friday October 23, 2015

Twitter CEO Giving $200M Of His Stock To Staff

How do you boost morale after laying off 336 employees? Hand out $200 million in stock to your remaining staff.

Dorsey tweeted Thursday that he’s giving roughly one third of his Twitter stock back to the employee equity pool, meaning it can be dispersed throughout the company to employees. Dorsey has roughly 22 million shares of stock, according to an SEC filing, and said in his tweet that he has giving back exactly 1 percent of the company. That’s roughly $200 million in stock.