Twitter Is Cutting 9% of Its Global Workforce (adweek.com)

Twitter is planning to lay off 9 percent of its global workforce, as the ailing San Francisco tech giant struggles to please Wall Street despite beating earnings expectations. The company officially announced the cuts today in its third-quarter earnings, days after reports began to surface of the impending cuts. AdWeek reports: According to Twitter, the majority of the reductions will take place in its sales, partnerships and marketing divisions in order to "continue to fully fund our highest priorities," according to a letter to shareholders. However, the earnings also came with some good news. Total monthly active users grew for the second consecutive quarter to 317 million users, gaining 4 million over the past three months since its second-quarter results. Daily active users also increased, rising 7 percent year over year. Twitter's revenue totaled $616 million -- an 8 percent increase year over year. Earnings per share totaled 13 cents, beating expectations of 9 cents per share and $606 million in total revenue. However, the company reported profit fell by $103 million.

Comments

They need more censorship

[CajunArson]

Twitter is obviously failing because they have refused to make Twitter a safe space from fascist Nazis like:
1. Trump.
2. Anybody who doesn't support Hillary (with the exception of Bernie supporters who converted by the deadline set forth in form 402-33R6).
3. White racists... oh wait, I should have just said "all white people with the exception of those we approve of".
4. Non-atheists*
5. Homophobes (e.g. anyone not gay).
6. Cisgendered
7. Gay people aren't really gay because they don't think what we tell them to think (looking at you Milo & Thiel!)
8. Any racist sports figures that don't flip the bird or at least kneel during the National Anthem.

* MUSLIMS ARE AN EXCEPTION (assuming you are violent that is).

I think that after these impure hate-mongers have been burned off from Twitter that the safe space will flourish and all problems will be solved.