Layoffs

  • Twitter Reveals Q3 2016 Financial Results, Will Reduce Workforce by 9%

    … Twitter released its Q3 2016 financial results Thursday, and it also announced it will reduce its workforce by approximately nine percent. For the third quarter of fiscal year 2016, Twitter saw revenue of $616 million, which is an increase of eight percent year-over-year. Advertising revenue for the quarter was $545 million, which…

    AllFacebookin Social Twitter- 20 readers -
  • Is Toxic Social Media Destroying Your Brand?

    …. Donald Trump mentioned it in a speech. There are memes. It’s bad. Here’s the thing: It’s not true. Oreo remains in production at New Jersey, Oregon and Virginia plants, and it is expanding operations. There are layoffs at one plant in Chicago because the equipment is outdated and there was some dispute with the union there. This has nothing to do…

    AllTwitterin Social Facebook Twitter- 35 readers -
  • Two Top Execs Leaving Twitter

    … his own company. Twitter’s commerce team was disbanded as part of its layoffs last October, and Re/code reported that Twitter had hoped Hubbard would assume the responsibilities of former vp of media Katie Stanton, who left in January, as well as Messerschmidt. Readers: What are your thoughts on these departures? Images courtesy of Ali Jafari LinkedIn profile, Jana Messerschmidt Twitter profile and Nathan Hubbard LinkedIn profile, respectively. …

    David Cohen/ Inside Facebookin Twitter- 23 readers -
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