The Traderszone Network

Published in TZ Latest News 9 October, 2015 by The TZ Newswire Staff

Twitter plans layoffs next week: Re/code

The news comes after Jack Dorsey was appointed permanent chief executive on Monday. It is unclear how many of Twitter’s staff will be laid off, but it is likely it will affect most departments, Re/code said, citing company insiders. Twitter shares fell 3.1 percent to $29.90 in extended trading on Friday.