Twitter Is Cutting Nearly A Tenth Of Its Staff After A Slower Quarter
The article looks at why Twitter had to lay off 9% of its workforce. Twitter has recently seen a fall in profits for a while now and the last quarter is the main reason why it has to do so. The 9% job cuts has also meant that they have had to let Vine go, it has now seen interest from some unusual companies who are looking to buy. However, Twitter has seen a rise in average monthly users which comes as a surprise as they were recently taken over in users by Instagram.
It is surprising to see such a large relatively new digital social media company having to lay people off, however there is such fierce competition now as virtually anyone can release an app that aims at copying others, there's so many now it's hard to regulate.
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