The Traderszone Network

Published in TZ Latest News 22 October, 2015 by The TZ Newswire Staff

Twitter’s Dorsey to give a third of his stock to employee equity pool

The move, worth $197 million as of July 28, is to “reinvest directly in our people,” Dorsey, who was named as the company’s permanent CEO earlier this month, said in a tweet on Thursday. Twitter did not comment further on the move. The unusual move comes as Dorsey works to rebuild employee morale and confidence after a spate of high-level departures over the past several months.