Twitter CEO announces plan to lay off hundreds of employees

The San Francisco-based micro-blogging website Twitter announced this morning that it will lay off hundreds of its employees.

The company’s CEO Jack Dorsey announced on his Twitter account that the company will part ways with 336 employees from across the company.

Twitter currently employs about 4,100 employees worldwide, according to the company’s website.

“We are moving forward with a restructuring of our workforce so we can put our company on a stronger path to grow,” Dorsey said in a statement. “Twitter will go to great lengths to take care of each individual by providing generous exit packages and help finding a new job.”

Dorsey said the decision to part ways with the employees was a tough one.

“This isn’t easy. But it is right. The world needs a strong Twitter and this is another step to get there,” he said.

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Bathhouses could reopen under new legislation

New ordinance would amend health code restrictions imposed in 1980s

Japanese American family at heart of beloved Golden Gate Park garden

The Japanese Tea Garden, the oldest public Japanese garden in North America,… Continue reading

Coronavirus cruise ship passengers head to California military base for quarantine

LOS ANGELES — American passengers evacuated from a cruise ship in which… Continue reading

Kicking off the budgeting process with the School Planning Summit

Last week I shared some information about SFUSD’s budget. I mentioned how… Continue reading

SF Lives: A ‘poverty scholar’ gives visibility to homeless people

Houseless, landless and unhoused are the preferred terms of Gray-Garcia and the people she’s aligned with in the POOR Media Network.

Most Read