Just days after Jack Dorsey took over as CEO of Twitter, the company has announced a restructuring.
The restructuring has led to 336 Job cuts, representing about 8% of the company’s staff. Mr. Dorsey in his email to the affected employees cut to the chase as he insisted on giving it to them “straight”.
His mail also read, “We have made an extremely tough decision – we plan to part ways with up to 336 people from across the company.
“We are doing this with the utmost respect for each and every person.
“Twitter will go to great lengths to take care of each individual in providing generous exit packages and help finding a new job.”