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Twitter Plans Company Wide Layoffs Next Week

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Re: Twitter Plans Company Wide Layoffs Next Week

#3
Not completely unexpected, but still somewhat of a surprise.

Twitter have been taking on staff faster than their userbase has been growing since their IPO. I guess the question now is how many they are going to layoff - 4,200 employees is a lot of people for something like Twitter.

Re: Twitter Plans Company Wide Layoffs Next Week

#4
post #2

> It reported roughly 4,200 employees last quarter Wow - what do all these people do?

Yeah, I'm surprised by that number as well, but then again, Facebook got tons of news coverage yesterday for adding five emoticons (did they actually add them, or were they just flighting it?). Things are strange these days.

Re: Twitter Plans Company Wide Layoffs Next Week

#6
post #2

> It reported roughly 4,200 employees last quarter Wow - what do all these people do?

According to the Twitter Careers page: Software Engineering, Design & UX Research, Sales & Revenue, Product Management, Infrastructure Operations, Media & BizDev, Trust & Safety, User Services, Legal, Finance, Workplace & Admin, Marketing & Communications, HR & Recruiting.

As far as engineering, take a look: https://about.twitter.com/careers/teams/software-engineering

Many companies are much more complex than you might imagine from the outside. Also, a lot of it is meta-headcount: managers, facilities, food service, payroll, benefits, recruiters, lawyers, HR people, etc. all scale at least partially with headcount.

You'll notice many of the jobs are with companies Twitter has acquired or various platform-level projects, like Fabric, Vine, TellApart, Finagle, etc.

Re: Twitter Plans Company Wide Layoffs Next Week

#7
post #2

> It reported roughly 4,200 employees last quarter Wow - what do all these people do?

You hire managers, when the direct reports increase.

When you are a manger with 5 direct reports, you want to increase the headcount to justify your existence: you go around looking for projects, and direct reports.

Re: Twitter Plans Company Wide Layoffs Next Week

#8
post #2

> It reported roughly 4,200 employees last quarter Wow - what do all these people do?

And half of its employees are engineers.

Not really, but close. That number includes PMs and design, I think just engineering is closer to 40%. Still big though.

Re: Twitter Plans Company Wide Layoffs Next Week

#9

Not completely unexpected, but still somewhat of a surprise. Twitter have been taking on staff faster than their userbase has been growing since their IPO. I guess the question now is how many they are going to layoff - 4,200 employees is a lot of people for something like Twitter.

It's not about user base, it's about revenue. I think their revenue per employee is still ~$500k which is pretty good.

Re: Twitter Plans Company Wide Layoffs Next Week

#10
post #2

> It reported roughly 4,200 employees last quarter Wow - what do all these people do?

According to the Twitter Careers page: Software Engineering, Design & UX Research, Sales & Revenue, Product Management, Infrastructure Operations, Media & BizDev, Trust & Safety, User Services, Legal, Finance, Workplace & Admin, Marketing & Communications, HR & Recruiting. As far as engineering, take a look: https://about.twitter.com/careers/teams/software-engineering Many companies are much more complex than you mig…

With almost 50 (17 in the last two years) acquisitions most of the growth is from that.

https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...

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