WASHINGTON (Sputnik) — Bloomberg reported on Monday that sources said Twitter may cut about 300 jobs, which is about 8 percent of the workforce, as soon as this week.
Twitter’s sales growth has slowed, the report explained, adding that an attempt to seek a sale failed after Salesforce.com Inc., The Walt Disney Co. and Alphabet Inc. backed out from bidding.
About the same percentage of the workforce was present after Twitter co-founder Jack Dorsey took over as chief executive officer, the report noted.