Smart move: Analysts say Dorsey was using his shares to essentially ask key employees "to stay the course with me" as he attempts to turn Twitter around.
SAN FRANCISCO: Twitter chief executive Jack Dorsey's novel move to give a third of his company stock to an employee equity pool is a smart gesture to restore confidence in a company that lost its way, according to recruiting and compensation experts.
Beyond its generosity, the gift is a strategic effort to retain and attract key talent at the social media company, roiled by months of leadership uncertainty and questions over its long-term growth.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
