Twitter laid-off 336 global employees

Twitter had cut about 8 percent jobs globally. Around 336 employees were affected. Jack Dorsey said the laid-off employees will get their severance package and will be assisted in finding a new job as well.

Jack Dorsey, the new Twitter CEO, announced the job cuts on Twitter. "Made some tough but necessary decisions that enable Twitter to move with greater focus and reinvest in our growth." Dorsey tweeted on October 13, the Business Insider gives details.

In the company's filing with the Securities and Exchange Commission, about 336 employees, which are 8 percent of its workforce, had been laid-off, NBC News reported.

At this time, the company also works on with Periscope, Vine and Moments. Dorsey said they are restructuring the workforce.

The job cuts coincide with their plan to change how the organization works. He explained the Engineering and the Product department will be more fruitful in a smaller team while the rest of the organization will still remain parallel.

The CEO assures the 336 people will get a generous separation package. The company stated it will cost them between $10M to $20M. Twitter will also help them find a new job.

Meanwhile, the laid-off employees expressed their anguish in Twitter posts using the #TwitterLayoffs.

"Before #Twitterlayoffs started, I said "Twitter's bad at recognizing internal talent. They'll lay off many great people." Sadly, I was right." Jeff Sarnat, one of the company's former engineers, tweeted.

In line with that, several tech employers replied to their tweets asking them to join their company. Lindsay Elliott, policy manager at Facebook responded, "Facebook is actively hiring tweeps! #Twitterlayoffs #StayStrong Shoot me a DM if you are interested!"

Coincidentally, Elliott had also worked with Twitter as safety policy specialist and business & platform policy specialist, cited on her LinkedIn profile.

It might not be easy for Dorsey to revamp Twitter as it will hit his subordinates who helped the company improve its social media app. But what's the use of staying if the organization doesn't need your service at all? There's an ample opportunity for ex-Twitter employees outside.