Twitter Layoffs: Social Network Slashing 8 Percent of Workforce

October 14, 2015 12:30 AM

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The social-media company is planning to lay off up to 8 percent of its employees, with the deepest job cuts in the product and engineering teams.

Up to 336 employees globally will lose their jobs, Twitter said in a filing with the Securities and Exchange Commission Tuesday morning.

Also read: T-Mobile taking over Dutch arm of Tele2 mobile provider

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