All change at Twitter as four senior executives leave

By Euronews with Reuters

Published on 25/01/2016 - 13:43

Four senior Twitter executives are leaving the struggling media company amid concern the company has failed to significantly boost its user base.

Four of Twitter’s top executives are leaving.

Jack Dorsey, who recently returned as Chief Executive of the struggling media company, said he was sad to announce the departure of the heads of its Media, Product, Engineering and Human Resources departments.

Was really hoping to talk to Twitter employees about this later this week, but want to set the record straight now: pic.twitter.com/PcpRyTzOlW
— Jack (@jack) 25 Gennaio 2016

Twitter’s share price has fallen nearly 50 percent since Dorsey’s return last year amid concern it has failed to significantly boost its user base of just over 300 million. It was surpassed by photo-sharing app Instagram last year.

Reportedly Twitter is to name two new board members soon, along with other management changes.

In October, Dorsey had spoken about “hiring and investing in talent” and the need for “bold rethinking.”

Since his return, had has launched Moments which showcases Twitter’s best tweets and content and laid off 300 workers.

On Sunday night Jason Toff, who heads Twitter’s video streaming service, Vine, tweeted that he was also leaving Twitter to join Google to work on virtual reality.