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Twitter to fire hundreds of more employees

Written by Andre Yoskowitz (Google+) @ 26 Oct 2016 22:29 User comments (1)

Twitter to fire hundreds of more employees Struggling social media company Twitter is preparing to fire hundreds of more employees after they failed to sell themselves in the past few weeks.
Twitter could lay off about 300 employees, equivalent to 8 percent of their total workforce

The layoffs are likely to be officially announced during Twitter's earnings report tomorrow and it will be interesting to see from what divisions the layoffs are coming.

Twitter is actively trying to sell itself but the price appears to be too expensive as Disney, Salesforce, Google and Apple have all inquired but then stepped away.

Source:
BBG

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1 user comment

129.10.2016 19:07

Gotta love corporate America.


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