Twitter may cut hundreds of jobs this week

August 3, 2018 0Science & Tech

Twitter Inc. reportedly plans to dismiss around 8 percent or 300 of its employees amid slow growth.

Previously, several company giants, such as Disney, Google and Apple, seemed interested in bidding for the San Francisco-based platform, but all later withdrew.

As reported by Bloomberg, the plans have not been fixed, however, Twitter’s stock price fell to near its lowest level this year despite it garnering 313 million more active users or up 3 percent from last year.

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