Twitter CEO Jack Dorsey will give one-third of his stock to employees

Oct23

by Sindy Cator on October 23, 2015 at 2:18 am

In a move destined to boost morale, Jack Dorsey, the returning CEO of Twitter, announced in a pair of tweets (where else?) that he was giving one-third of his company stock back to employees. Dorsey actually live tweeted the announcement during a meeting with employees. That represents a 1 percent ownership stake worth an estimated $214 million. 🐥⚡️ I'm giving ~1/3rd of my Twitter stock (exactly 1% of the company) to our employee equity pool to reinvest directly in our people. — Jack (@jack) October 23, 2015 As for me: I'd rather have a smaller part of something big than a bigger part…