Sci-tech

Twitter to cut 9 per cent of staff, plots new growth strategy

NEW YORK:Twitter announced plans Thursday to cut nine per cent of its workforce as the struggling social network reaffirmed...

AFP
October 27, 2016

NEW YORK:Twitter announced plans Thursday to cut nine per cent of its workforce as the struggling social network reaffirmed its strategy to drive growth after failing to find a buyer.

"We see a significant opportunity to increase growth as we continue to improve the core service," chief executive Jack Dorsey said while releasing quarterly results showing more losses.

"We have a clear plan, and we´re making the necessary changes to ensure Twitter is positioned for long-term growth."


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