Twitter may get 8% workforce cut this week – report

Victor Barreiro Jr.

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Twitter may get 8% workforce cut this week – report


The job cuts may arrive prior to Twitter announcing its third-quarter earnings report

MANILA, Philippines – Twitter may be planning to cut some 300 jobs – approximately 8% of its workforce – as early as this week, according to a Bloomberg report on Monday, October 24 (October 25, Manila time).

The Bloomberg report, citing unnamed people familiar with the matter, said a job reduction announcement may come before Twitter announces its third-quarter earnings report on Thursday.

The report also said the number of people being cut was still fluid and subject to change.

A Twitter spokesperson, however, declined to comment.

Twitter was trying to explore a sale of the company, but the companies who expressed interest in buying Twitter – Salesforce, Alphabet, and The Walt Disney Company – eventually backed out. –

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Victor Barreiro Jr.

Victor Barreiro Jr is part of Rappler's Central Desk. An avid patron of role-playing games and science fiction and fantasy shows, he also yearns to do good in the world, and hopes his work with Rappler helps to increase the good that's out there.