Twitter Will Cut 9 Percent of its Workforce

Twitter is cutting 9 percent of its staff, or roughly 350 people, as part of a broader plan to cut costs at the company and refocus its business.

Twitter announced the cuts early Thursday morning along with the company’s Q3 earnings, which beat Wall Street expectations. Employees were emailed just before the earnings were announced, and Twitter CEO Jack Dorsey is set to address the staff at a company all-hands later this afternoon.

The cuts were not company-wide, but were heavily focused on Twitter’s marketing and sales teams.

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