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 | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |