Twitter, Square Give Employees the Week Off

Popular San Francisco-based startups take time off to enjoy a busy year.

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    NEWSLETTERS

    TK
    Jack Dorsey
    Jack Dorsey's schedule looks a lot like his employees' for the next week.

    Toppling tyrannical governments and processing $2 billion worth of credit cards is hard work.

    That's why Twitter and Square employees are being given the entire week off leading up to the new year.

    Two of San Francisco's hottest startups have been given the week off because, according to their bosses they deserve it.

    "Both @Square and @Twitter have the entire week between Christmas and New Years off. We worked hard for it," Jack Dorsey, a co-founder of both companies, tweeted Tuesday morning.

    It's been a big year for both startups. Twitter CEO Dick Costolo recently announced that his company has an $8 billion valuation.

    This after the San Francisco-based micro-blogging site played an integral role in the Arab Spring.

    Square for its part processed $2 billion in credit card transactions this past year and found itself reaching 1 in 8 credit card users in the country.