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Twitter to cut 8% of workforce, refocus under CEO Dorsey
Analysts welcome revamp after he says he is working on a streamlined roadmap for Twitter and its other services
Published Wed, Oct 14, 2015 · 09:50 PM
San Francisco
TWITTER said on Tuesday it was slashing 8 per cent of its workforce as newly returned chief executive Jack Dorsey outlined his "roadmap" to boost users and revenues at the money-losing messaging platform.
The cuts - which amount to 336 jobs - come less than a week after Mr Dorsey, one of the founders of Twitter, returned to the job of CEO on a permanent basis as part of an effort to revive growth.
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