Twitter lays off 336 of its employees

Twitter lays off 336 of its employees

PanARMENIAN.Net - The rumours were true - Twitter is shedding around 8% of its workforce with 336 job cuts as CEO Jack Dorsey plans for the future, Digital Spy reports.

Dorsey described the measures as "tough but necessary" to mould the social network into a more "streamlined" operation.

Twitter's engineering division will be hit hardest by the redundancies, which don't come as a huge surprise given that the firm has reportedly frozen the expansion of its San Francisco headquarters.

They follow a period of staggered user growth for Twitter, which has only added 50% more active users in the last two years, despite doubling its headcount.

Dorsey is exploring various ways of boosting Twitter's user base, including the introduction of a real-time events service called Moments.

Rumours also suggest that he is toying with the idea of scrapping the service's 140-character limit in a radical attempt to refresh the platform.

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