Twitter

Twitter To Lay Off 336 Employees Eyeing Better Restructuring

This is not a sort of news you would going to love. Twitter, the largest microblogging platform has decided to lay off 8% of its workforce to push company’s restricting plan. It’s almost a week when Jack Dorsey was appointed Twitter’s permanent CEO, and now a drastic move is all set to flag off.

As per the company’s credible sources, the restricting is planned to shed its employee strength. Currently, Twitter has over 4100 staff working worldwide. The restructuring is stated as part of an overall plan to organize around Twitter’s top product priorities.

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Jack Dorsey  Letter To Twitter Employees

From: Jack Dorsey

To: All Employees
Date: October 13, 2015
Subject: A more focused Twitter

Team,

We are moving forward with a restructuring of our workforce so we can put our company on a stronger path to grow. Emails like this are usually riddled with corporate speak so I’m going to give it to you straight.

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. We launched the first of these experiences last week with Moments, a great beginning, and a bold peek into the future of how people will see what’s going on in the world.

The roadmap is also a plan to change how we work, and what we need to do that work. Product and Engineering are going to make the most significant structural changes to reflect our plan ahead. We feel strongly that Engineering will move much faster with a smaller and nimbler team, while remaining the biggest percentage of our workforce. And the rest of the organization will be streamlined in parallel.

So we have made an extremely tough decision: we plan to part ways with up to 336 people from across the company. We are doing this with the utmost respect for each and every person. Twitter will go to great lengths to take care of each individual by providing generous exit packages and help finding a new job.

Let’s take this time to express our gratitude to all of those who are leaving us. We will honor them by doing our best to serve all the people that use Twitter. We do so with a more purpose-built team, which we’ll continue to build strength into over time, as we are now enabled to reinvest in our most impactful priorities.

Thank you all for your trust and understanding here. This isn’t easy. But it is right. The world needs a strong Twitter, and this is another step to get there. As always, please reach out to me directly with any ideas or questions.

Jack

-Twitter To Lay Off 336 Employees

Also Read-   Twitter To Launch A New Design And User Interface Soon
Sumant Singh
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Sumant Singh

Sumant covers technology content for blogging republic. He writes on latest gadgets, smartphones, mobile apps and other happenings in digital world. He is an avid retro music fan and junk food maniac.
Sumant Singh
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