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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

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  • (Score: 2) by The Mighty Buzzard on Wednesday October 26 2016, @10:58AM

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Wednesday October 26 2016, @10:58AM (#418920) Homepage Journal

    It's a news feed that you can argue on. But you're right, nobody would ever want to argue about the news.

    --
    My rights don't end where your fear begins.
    Starting Score:    1  point
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  • (Score: 1, Funny) by Anonymous Coward on Wednesday October 26 2016, @11:08AM

    by Anonymous Coward on Wednesday October 26 2016, @11:08AM (#418924)

    But you're right, nobody would ever want to argue about the news.

    I disagree ... and so it begins.