Twitter Plans Layoffs, Twitter is planning layoffs next week, according to technology account aperture Re/code.
The cuts will be fabricated aggregation wide, Re/code said.
"We're not commenting on rumor and speculation," Twitter agent Jim Prosser said.
Twitter shares fell 3% in after-hours trading. They bankrupt up about 2% to $30.85 on Friday.
Twitter had 4,200 advisers at the end of June. That's added than bifold the 2,000 advisers it had in the additional division of 2013. Yet its user advance has not kept pace.
The layoffs would appear one anniversary afterwards Twitter co-founder Jack Dorsey was appointed CEO. He has been confined as acting CEO back July 1.
Twitter has aswell allegedly shelved affairs to aggrandize into a architecture on Market Street in San Francisco that is home to Uber and Square.
According to the San Francisco Business Times, Twitter was abutting to finalizing the accord to yield about 100,000 aboveboard anxiety afore abandoning the deal.
The cuts will be fabricated aggregation wide, Re/code said.
"We're not commenting on rumor and speculation," Twitter agent Jim Prosser said.
Twitter shares fell 3% in after-hours trading. They bankrupt up about 2% to $30.85 on Friday.
Twitter had 4,200 advisers at the end of June. That's added than bifold the 2,000 advisers it had in the additional division of 2013. Yet its user advance has not kept pace.
The layoffs would appear one anniversary afterwards Twitter co-founder Jack Dorsey was appointed CEO. He has been confined as acting CEO back July 1.
Twitter has aswell allegedly shelved affairs to aggrandize into a architecture on Market Street in San Francisco that is home to Uber and Square.
According to the San Francisco Business Times, Twitter was abutting to finalizing the accord to yield about 100,000 aboveboard anxiety afore abandoning the deal.
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