{"id":32681,"date":"2023-10-20T14:28:44","date_gmt":"2023-10-20T14:28:44","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/parting-is-such-tweet-sorrow-twitters-new-ceo-jack-dorsey-to-slash-headcount-startupsmart\/"},"modified":"2023-10-20T14:28:44","modified_gmt":"2023-10-20T14:28:44","slug":"parting-is-such-tweet-sorrow-twitters-new-ceo-jack-dorsey-to-slash-headcount-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/parting-is-such-tweet-sorrow-twitters-new-ceo-jack-dorsey-to-slash-headcount-startupsmart\/","title":{"rendered":"Parting is such tweet sorrow: Twitter\u2019s new CEO Jack Dorsey to slash headcount &#8211; StartupSmart"},"content":{"rendered":"<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"445\" height=\"351\" itemprop=\"image\" class=\"entry-thumb\" src=\"\/wp-content\/uploads\/2015\/10\/l_jackdrosey_445.jpg\" alt=\"\" title=\"l_jackdrosey_445\"\/><\/div>\n<p>New Twitter CEO Jack Dorsey is wasting no time in making his mark on the social network, with large layoffs expected this week and a halt in plans to expand the company\u2019s headquarters in San Francisco. <\/p>\n<p>\u00a0<\/p>\n<p>Re\/Code reports multiple sources saying the measures will begin to roll out early this week as Dorsey looks to cut costs and make Twitter a leaner operation.<\/p>\n<p>\u00a0<\/p>\n<p>The cuts are expected to impact just about every aspect of the Twitter team, which now includes well over 4000 people in 35 offices around the world.<\/p>\n<p>\u00a0<\/p>\n<p>This is more than double the employees Twitter had in 2013, and many have argued the startup is now bloated and inefficient.<\/p>\n<p>\u00a0<\/p>\n<p>The company\u2019s spending has also increased dramatically, up 37% year-on-year last quarter to $US633 million.<\/p>\n<p>\u00a0<\/p>\n<p>A planned 100,000-square-foot expansion of Twitter\u2019s main office in San Francisco has also been canned.<\/p>\n<p>\u00a0<\/p>\n<p>Dorsey was appointed permanent CEO last week after serving as interim head honcho since July and may have signalled his plans to cut costs early on.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cMy focus is to build teams that move fast, and learn faster,\u201d <a href=\"https:\/\/twitter.com\/jack\/status\/651004145650921472\" target=\"_blank\" rel=\"noopener\">Dorsey said on Twitter<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cWe\u2019re working hard at Twitter to focus our roadmap on a few things we can make really great.\u201d<\/p>\n<p>\u00a0<\/p>\n<p><i>Want to grow your business <\/i><a href=\"startupschool\/events\/how-to-use-instagram-to-grow-your-business\/\"><i>with Instagram?<\/i><\/a><i> <\/i><i>StartupSmart School can help.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Twitter CEO Jack Dorsey is wasting no time in making his mark on the social network, with large layoffs<\/p>\n","protected":false},"author":2,"featured_media":62551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/32681"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=32681"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/32681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/62551"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=32681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=32681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=32681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}