Jack Dorsey

Jack Dorsey9 posts

Jack Dorsey is an American businessman and web developer born in 1976 in St. Louis, Missouri. He is the co-founder of Twitter, as well as the CEO and founder of the mobile payments company Square.

13 Oct, 2015

336 jobs cut

Makes Statement

In a posting to the Securities and Exchange Commission, Twitter announces that 336 jobs will be cute, 8% of its workforce.

The restructuring is part of an overall plan to organize around the Company’s top product priorities and drive efficiencies throughout the Company. The Company intends to reinvest savings in its most important priorities to drive growth…The roadmap is also a plan to change how we work, and what we need to do that work. Product and Engineering are going to make the most significant structural changes to reflect our plan ahead. We feel strongly that Engineering will move much faster with a smaller and nimbler team, while remaining the biggest percentage of our workforce. And the rest of the organization will be streamlined in parallel.

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