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The role of Twitter co-founder Jack Dorsey, who returned to the company as executive chairman after a two-and-a-half-year hiatus from day-to-day operations, has been "reduced" after co-workers complained he was "difficult to work with" and "repeatedly changed his mind about product directions." Although he is still involved in strategic decisions as executive chairman, no one directly reports to him anymore.
That's according to The New York Times, which published a profile of Twitter CEO Dick Costolo over the weekend. The profile describes Costolo's leadership style and background in standup comedy.
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The story claims that Dorsey, who is also a co-founder of mobile payments system Square, left Twitter in 2008 after he struggled to prevent the service from frequent, multi-hour outages. These days, Twitter very rarely goes offline.
Another item of note: The Times says that Twitter is planning to go public in 2014, according to "insiders." In an interview with CNBC late last month, Costolo said an IPO is "not something we're focused on right now."
Twitter did not respond immediately to a request for comment.
This story originally published on Mashable here.
- Arts & Entertainment
- Jack Dorsey
- Dick Costolo