Tuesday October 25, 2016

Twitter Planning Hundreds More Job Cuts as Soon as This Week

I guess that e-mail sent out two weeks ago by Jack Dorsey telling everyone "We can do this!" actually meant "Those of you that are left after the layoffs can do this!" I think it's kind of crappy to get everyone's hopes up and then turn around and lay off eight percent of your workforce.

Twitter may eliminate about 300 people, the same percentage it did last year when co-founder Jack Dorsey took over as chief executive officer, according to people familiar with the matter. 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.

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