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Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

nytimes.com

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Re: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

#11

Post by wyclif »

swingbridge wrote: post #3

A sad day for Twitter, but a dose of reality for a lot of the fluffiness in the market at the moment. Companies need to have real revenue and produce real profit and then need a valuation based on sane multiples. Twitter got behind that curve badly and ultimately this is what happens.

Yes, it's sad for employees being let go, but it's good news for Twitter. I don't think Twitter is going anywhere; it has a huge user base and a lot of people think of it as a branch of the internet. By cutting surgically (removing, as you put it, the "fluffiness"), Jack might very well be able to bring some fighting spirit back.

Re: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

#12

Post by menzoic »

xienze wrote: post #9

4100 employees for a service dedicated to moving around 140 character messages? Yeah, there might be a little fat to trim there.

thats a naive assumption, there could be a lot of hidden scaling issues when you think deeper about how it works

Re: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

#14

Post by werber »

bpicolo wrote: post #13
werber wrote: post #5

I don't use Twitter and don't have any friends that do. Am I just uncool, or is it super niche now?

I see it used most heavily for, like, customer support... Surprised that's not a more core part of their business

Really? For who? That's super interesting

Re: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

#15

Post by xienze »

werber wrote: post #10
stephengoodwin wrote: post #6

Earlier quoted context omitted.

Considering Twitter is still the first go-to social platform for reactions to news, I doubt it. Nonetheless, I've had trouble convincing my parents why they should use Twitter.

Do you get mostly opinions and reactions on Twitter or 140char reporting on breaking stories? I tried using it to follow the Arab spring and just couldn't.

Wish I could find it, but a couple weeks ago I saw someone posting a 20-ish part message on Twitter. At some point you've gotta think maybe this isn't the appropriate way to use the service.

Re: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

#16

Post by pinaceae »

finally.

completely incomprehensible why they needed such a large headcount. ten times more than whatsapp would be ok - but not this behemoth.

all these designers do what exactly? ignore ipads, macs, etc.

i love twitter, use it constantly to follow journalists, vcs, basically to get faster news than any site. i hope twitter can be cut back to the bone.

Re: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

#17

Post by xienze »

menzoic wrote: post #12
xienze wrote: post #9

4100 employees for a service dedicated to moving around 140 character messages? Yeah, there might be a little fat to trim there.

thats a naive assumption, there could be a lot of hidden scaling issues when you think deeper about how it works

I don't doubt it's challenging to keep the thing up, but 4100 employees? And meanwhile WhatsApp has 50 or so employees in total.

Re: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

#18

Post by [deleted] »

swingbridge wrote: post #3

A sad day for Twitter, but a dose of reality for a lot of the fluffiness in the market at the moment. Companies need to have real revenue and produce real profit and then need a valuation based on sane multiples. Twitter got behind that curve badly and ultimately this is what happens.

[deleted]

Re: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

#20

Post by pavornyoh »

werber wrote: post #14
bpicolo wrote: post #13

Earlier quoted context omitted.

I see it used most heavily for, like, customer support... Surprised that's not a more core part of their business

Really? For who? That's super interesting

I agree with @bpicolo when it comes to support. If you have a problem with most of the big companies in terms of support and they are delaying a response, all you have to do is reach out to the support team on Twitter and they respond ASAP.

Companies such as AT& T, Chase, Citi, Bank of America, Amazon etc..

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