CEO Jack Dorsey sent an email out to the entire Twitter staff informing them that they would be making cuts in the employees,
"So we have made an extremely tough decision: we plan to part ways with up to 336 people from across the company. We are doing this with the utmost respect for each and every person. Twitter will go to great lengths to take care of each individual by providing generous exit packages and help finding a new job.”
Though this is a big step for the community, the new was taken very harsh. All except for another startup, that jumped on the opportunity
And on top of this, another startup called Pillow is recruiting the laid off engineers to come work for them...
How are they promoting it? They are using a Promoted Tweet.
Talk about funny. They aren’t even attempting to be sneaky.
But why is Twitter doing this?
CEO is Back to Bad Business
Twitter CEO Jack Dorsey took some time off from his role, but ultimately came back the this 140-character company. But while he was away it seems he got some ideas. And many are criticizing him.
“It’s a drastic step in change
New Fresh and Much-Needed Change
Re/code reported that several internal employees have complained that the company has gotten too big, and inefficient. Especially in the past years.
“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.”
To sum up...
Twitter is going through some significant changes in their business. Whether this is a sign of weakness or strength will show in how twitter progresses over the next year.
But who know, the engineers could really enjoy Pillow!