<p> ;<a href="/wp-content/uploads/2015/10/IMG_2875.jpg"><img src="/wp-content/uploads/2015/10/IMG_2875.jpg" alt=""></a> ;<br />
#Twitters trending on twitter!<br />
They recently revealed that they are planning to implement a new product that will allow users to go beyond its 140+character limit. What they didn&#8217;t share in that announcement was the news of cutting 8 percent of their staff!</p>
<p>As part of an internal restricting plan, according to a filing submitted to the Securities and Exchange Commission, the cut is intended to help Twitter speed up internally.</p>
<p>According to CEO Jack Dorsey, &#8221; Product and Engineering are going to make the most significant structural changes to reflect our plan ahead,” and 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.”<br />
Roommates !!?? Any lay off isn’t considered good news but maybe this change is for the betterment of the company!?<br />
For years, users argued that the site had too much going on! Sources say that Twitter needed to do a better job “clarifying ownership” over specific projects.” CEO Jack Dorsey decided to move towards resolving the issue at hand: Twitter internally needs to be held accountable!<br />
Supposedly, the layoffs will cost the company $20 million.</p>
<p>That unemployment check is costly! Nevertheless, Twitter expects to come up in the end. They now expect profit closer to $560 million with Ebitda profit closer to $115 million.<br />
Will this change speed things up and get users addicted to Twitter like the old days??<br />
Roommates what do you think ?</p>
<p> ;</p>
<p>Source Cited: ;</p>
<p>http://www.complex.com/pop-culture/2015/10/twitter-to-lay-off-eight-percent-of-employees-as-part-of-continued-streamlining-process</p>
<p>TSR Intern: Kamille Jemison @KamilleJemison</p>
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