Twitter plans layoffs next week: Re/code

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Go back to Twitter plans layoffs next week: Re/code

In Effort to Reduce Fat, Twitter (TWTR) to Announce Layoffs

October 12, 2015 7:35 AM EDT

Days after naming Jack Dorsey as permanent CEO, Twitter (NYSE: TWTR) is expected to announce layoffs and halt its headquarter expansion, according to various media reports.

The layoffs come as the size of the company - at 4,100 employees - is seen as... More