Twitter lays off hundreds but quarterly results better than expected
by Sam Thielman in New York from on (#1ZFXH)
The company's quarterly results report dropped at 4am local time in California with news of 9% cuts in workforce but better-than-expected revenue of $616m
Twitter has announced hundreds of layoffs rumored to be coming at the social media company for days.
Related: Twitter shares dive 14% after potential bidders reportedly lose interest
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