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 | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |