Jack Dorsey will reportedly step down as Twitter's CEO


Jack Dorsey is reportedly logging off as CEO of Twitter.
The Twitter boss will soon announce that he's stepping down as CEO of the social media company, CNBC reported Monday. CNBC host David Faber said Dorsey is expected to step down "in the near term" but that it's unclear who will take his place. It also wasn't clear precisely when he will depart as CEO.
Dorsey, who co-founded Twitter, returned as CEO of the company in 2015 after the resignation of Dick Costolo. He is also the CEO of the digital payments company Square, and CNBC notes billionaire investor Paul Singer previously sought to remove Dorsey and suggested he shouldn't serve as the head of both companies.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Employees at Twitter have not "received any internal communications about" Dorsey's reported plans to resign and learned about it through CNBC's report, according to Axios' Sara Fischer. Twitter stock rose after the news was reported.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
What's wrong with America's air traffic control systems?
Today's Big Question The radios and radar keep going out at Newark International
-
8 splashy items to elevate any pool party
The Week Recommends Fire up the snow cone machine, and turn on that outdoor movie projector
-
What to know as student loan collections resume
the explainer The restart comes as part of the Trump administration's reversal of Biden-era policies
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine