The Jack Dorsey era at Twitter is beginning with a downer.
Twitter confirmed Tuesday that it is laying off 336 employees, or about 8% of its global workforce in a move framed as an effort to right the ship and help the company finally focus and find growth again.
Made some tough but necessary decisions that enable Twitter to move with greater focus and reinvest in our growthhttp://t.co/BWd7EiGAF2
— Jack (@jack) October 13, 2015
“We feel strongly that Engineering will move much faster with a smaller and nimbler team, while remaining the biggest percentage of our workforce,” Dorsey wrote in a memo to all employees. “And the rest of the organization will be streamlined in parallel.” …
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Twitter to lay off 8% of employees
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