Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

Re:Twitter Expected to Begin Layoffs and Stop Headquarters E... by scottu on Saturday October 10, 2015 @12:20PM (#10365961)

Is there enough demand in the San Francisco area to absorb say 20% of Twitter employees? It always feels like everyone is hiring out there.

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Re:Twitter Expected to Begin Layoffs and Stop Headquarters E... by rconti on Saturday October 10, 2015 @02:10PM (#10366346)

Absolutely. And if this is a sign of a few unicorns starting to drop, you're better off being one of the first ones to go than the last.

This is probably a very wise move. 4000 employees is just insane for what they do. Grow wisely.

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Re:Twitter Expected to Begin Layoffs and Stop Headquarters E... by jedc on Sunday October 11, 2015 @05:14PM (#10371085)

> 4000 employees is just insane for what they do.

Yes and no. Twitter will make ~$2 Billion in revenue this year (and it's their massive revenue growth that's kept the stock price where it's at). That takes a LOT of sales and marketing people to achieve.

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Re:Twitter Expected to Begin Layoffs and Stop Headquarters E... by ryandetzel on Saturday October 10, 2015 @03:43PM (#10366709)

They have over 30 offices so some if not most will be in other offices around the world.

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Re:Twitter Expected to Begin Layoffs and Stop Headquarters E... by tarblog on Sunday October 11, 2015 @01:58AM (#10368252)

I'd guess that most are in the SF office, but I didn't know that had 29 other offices until 5 seconds ago.

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