INSIDE MEDIUM'S MELTDOWN: How an idealistic Silicon Valley founder raised $134 million to change journalism, then crashed into reality
Four days into 2017, Medium's employees came to work and were told that one-third of them, 50 people, were fired. They were shocked. Their adored boss, billionaire CEO Ev Williams, best known as the cofounder of Twitter, seemed to care so deeply for each of them. But he told the world about the layoff in a blog post even before all the people who lost their jobs were informed, a former employee tells Business Insider.