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?

    …. Strawberry and Oreo cheesecake pie. pic.twitter.com/xCgrs2c9fL — Land of Food (@landoffacts) September 20, 2016 And then there’s Facebook. After all of that stellar image building, an unfounded rumor is destroying the brand. A story about Oreo closing its plants to move production to Mexico is all over social media, and consumers are pissed…

    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- 22 readers -
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