The news comes after years of the social media mogul facing scrutiny for his apparent censorship of conservative voices.
In January, following the unrest at the Capitol, the company announced it had permanently suspended former President Donald Trump citing ‘the risk of further incitement of violence.’
In 2020, CNBC reports, Twitter stakeholder Elliot Management sought to replace Dorsey as CEO, before the firm reached a deal with the company’s management.
On Monday morning as news broke, Twitter stocks jumped 11%.
Jack Dorsey is expected to step down as the chief executive of Twitter , sources have told CNBC
This is a developing story