Twitter lays off 336 of its employeesOctober 13, 2015 - 19:07 AMT 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. Photo: Mary Turner/ Getty Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Fly Arna license suspended, says Armenia official The license of the Armenian airline Fly Arna has been suspended for six months, an official says. President stresses Armenia’s clear position to achieve peace On the eve of the International Francophonie Day, the Armenian President met with French intellectuals. Termination of servicing of MIR cards. IDBank It will not be possible to ensure the full operation of MIR cards in IDBank’s POS-terminals and ATMs Pashinian meets border villagers on possible land transfer to Azerbaijan Prime Minister Nikol Pashinyan has met with concerned residents of two villages in Armenia’s northern Tavush province. |