NEW YORK (AP) — Twitter, seemingly unable to find a buyer and losing money, is cutting about 9 percent of its employees worldwide. Twitter Inc., which has struggled amid competition from the likes of Facebook, Snapchat and Instagram, said Thursday that it expects to book about $10 million to $20 million in workforce restructuring charges. Since the end of 2014, Twitter has picked up just 15 million monthly users to expand its audience to 313 million people through June.Read more on NewsOK.com
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Thu, 10/27/2016 - 4:17am
BING NEWS:
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05/3/2024 - 11:51 am | View Link - Meta Materials to Cut 80% Of Workforce
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05/3/2024 - 9:50 am | View Link - Peloton's CEO steps down as the company cuts 15% of staff
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04/30/2024 - 2:00 am | View Link - L3Harris cuts 5% workforce in cost-saving measure
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