Twitter CEO Jack Dorsey made his first tough call since returning to top job, announcing today the service would be laying off 336 people — approximately 8 percent of its work force — in order to put the company on a “stronger path to grow.”
Dorsey confirmed the cuts this morning, sharing on Twitter a link to an internal memo he sent to employees detailing the changes.
Many of the cuts will impact Twitter’s engineering team, which Dorsey said he believes will “move much faster with a smaller and nimbler team.” Engineers will still remain the greatest percentage of Twitter’s workforce and Dorsey said other teams would be scaled accordingly.
“The team has been working around the clock to produce streamlined roadmap for Twitter, Vine, and Periscope and they are shaping up to be strong. The roadmap is focused on the experiences which will have the greatest impact,” he said. “The roadmap is also a plan to change how we work, and what we need to do that work.”
Click here to read more.
SOURCE: ABC News, Alyssa Newcomb