Stories
Slash Boxes
Comments

SoylentNews is people

Twitter Planning Hundreds More Job Cuts as Soon as This Week

posted by janrinok on Wednesday October 26 2016, @02:51AM   Printer-friendly
from the not-yet-tweeted dept.

MrPlow writes:

Submitted via IRC for TheMightyBuzzard

Twitter Inc. is planning widespread job cuts, to be announced as soon as this week, according to people familiar with the matter.

The company may cut about 8 percent of the workforce, or about 300 people, the same percentage it did last year when co-founder Jack Dorsey took over as chief executive officer, the people said. Planning for the cuts is still fluid and the number could change, they added. The people asked not to be identified talking about private company plans.

Yup, they're really pining for the fjords now.

Source: https://www.bloomberg.com/news/articles/2016-10-25/twitter-said-to-plan-hundreds-more-job-cuts-as-soon-as-this-week

Original Submission

 
This discussion has been archived. No new comments can be posted.
Twitter Planning Hundreds More Job Cuts as Soon as This Week | Log In/Create an Account | Top | 26 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 2, Funny) by Sarasani on Wednesday October 26 2016, @04:29AM

    by Sarasani (3283) on Wednesday October 26 2016, @04:29AM (#418857)

    Ah, lovely MySpace. That place where everyone proudly put up their own version of Homer Simpson's homepage [youtube.com].

    Aside from wasting far too much time with some incredibly funny & insightful people on the MyOpera community (why on earth did they delete that?), I never really "got" the whole social media thing. It has mostly past me by and I never really considered that I missed much.

    So Twitter can go the way of the dodo. As far as I'm concerned, they can take all their social media cohorts with them.

    Starting Score:    1  point
    Moderation   +1  
       Funny=1, Total=1
    Extra 'Funny' Modifier   0  
    Total Score:   2  

  • (Score: 2) by DeathMonkey on Wednesday October 26 2016, @05:40PM

    by DeathMonkey (1380) on Wednesday October 26 2016, @05:40PM (#419069) Journal

    I never really "got" the whole social media thing.
     
    Yeah! Posting comments on the internet is stupid!!

    • (Score: 2) by Sarasani on Thursday October 27 2016, @01:25AM

      by Sarasani (3283) on Thursday October 27 2016, @01:25AM (#419234)

      Yes yes, I get the joke, but I don't think one could state that "social media" === "posting comments on the internet"? After all, online commentary had been around for nearly a decade before social media came on the scene.