Tag: Acquisition

Twitter Is Reportedly Planning Another Round of Layoffs

Twitter is reportedly planning to slim down a bit. The social media company is said to be announcing a round of layoffs as soon as this week, according to a report on Monday evening from Bloomberg, citing anonymous sources. The layoffs will shrink Twitter’s workforce by about 8%, or 300 employees, according to the report,…


Jack Dorsey Has Failed to Save Twitter, Now It’s Someone Else’s Turn

By all accounts, the process of selling Twitter is well under way. The company has hired an investment advisor and is expected to start receiving bids later this week from a group of interested parties that reportedly includes Google, Salesforce and Disney. As it does in almost every case in which a once-promising technology company…