Tuesday, April 16, 2024

Twitter will fire around 350 employees in hunt for profits

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Twitters not had a great time of it lately, with several would-be suitors deciding that they didnt want to buy the burgeoning social network anyway. Now, the company has announced its latest financial results and a restructuring plan in the hope of making itself profitable by 2017. The headline initiative will be to hack back nine percent of the companys workforce — around 350 employees. It mirrors a similar move Dorsey made in October 2015 when he fired 336 people from the compan…
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