‘Twitter Plans to Cut About 300 More Jobs’ – Entrepreneur
Reuters team says, “Twitter Inc. may cut 8 percent of its workforce or about 300 people,Bloomberg reported on Monday, citing people it said were familiar with the matter.
The job cuts could be announced before the company reports third-quarter earnings on Thursday, and the number of jobs affected could change, Bloomberg said.
A company spokeswoman declined to comment.
Last year, Twitter announced plans to lay off up to 336 employees, or about 8 percent of its workforce, a week after Jack Dorsey, its co-founder who had been serving as interim chief executive, took over as permanent CEO.
Twitter, which last month hired bankers to field acquisition offers, faces an uncertain future after Salesforce.com Inc., the last of the companies believed to be interested in buying the company, said it would not make a bid”.
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