CEO of Twitter, Jack Dorsey is giving away $200 million of his own stock to his employees. Dorsey tweeted that he will be giving away one-third of his shares to the “employee equity pool to reinvest directly in our people.” Read more on this after the jump.

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This equity will come straight from his own holdings. Telegraph reports amounts around 21.86 million shares in total. Dorsey tweeted

“I’d rather have a smaller part in something big than a bigger part in something small. I’m confident we can make Twitter big!”

Dorsey and his companies are under a lot of scrutiny and pressure right now.Twitter has failed to gain the same kind of massive following as Facebook. Square is competing against several large mobile payment platforms, including Apple (AAPL, Tech30)’s and Google (GOOGL, Tech30)’s.This move is is being made after Dorsey announced that the he will be laying off more than 300 of his employees. That just so happens to be about 8% of the twitter work force. Dorsey was named permanent Twitter CEO earlier this month. Many questioned and still question his ability to lead two companies that need a lot of attention.

Source: Yahoo