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Whoa! Twitter Is Laying Off Nearly 10% Of Its Employees! But Why?!

Filed under: Tech TalkSad SadBusiness BlitzTwitter

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This is sad to see, especially for such a popular website.

Twitter announced on Tuesday that they are laying off about 336 employees — which is a mind boggling 8% of their entire global workforce!

Related: Kanye West Goes Off About In-App Purchases!

In paperwork filed by the company's CEO, Jack Dorsey was adamant that the layoffs were part of a restructuring deal to make the brand more efficient:

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Model Lily Cole Twitterpated With Twitter Founder???

Filed under: Love LineTwitterHolidazeLily Cole


Now trending canoodling!

It doesn't take 140 characters to figure out Lily Cole has the hots for Twitter founder Jack Dorsey!

The 25 year old model spent the holidays aboard a yacht anchored in St. Barts with Dorsey, where she couldn't seem to keep her hands off the 36 year old, at least when she applied sunscreen to his back.

Lily hasn't confirmed the relationship, but Jack did pry himself away from the redhead to send out this cryptic tweet on Wednesday:

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Twitter Company Dramz!

Filed under: Business BlitzTwitterJustin Bieber

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Looks like Justin Bieber may not be the only one who's ready to take a break from Twitter!

According to new reports, Twitter co-founder Jack Dorsey may be leaving the company/website sooner than later.

His spokesman has denied this, but sources say that Dorsey "has told associates that his involvement with the tweeting site will be "short-term.' "

Aside from Dorsey's uncertain future with Twitter, investors are also unsure about the company, due to concern about "stalled traffic and a dearth of advertising opportunities [that] could threaten its potential valuation."

Not only that, but there's also been dramz in the boardroom! Director John Doerr, a partner at tech investment firm Kleiner Perkins reportedly showed up for a January meeting at Twitter, even though the company " 'felt' he should step down."

Pull yourself together, Twitter! You can get through this!

Do U think Twitter will solve their drama? Or do U think it'll continue?

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Social Networks At Your Feet!

facebook-adidas-superstar-shoes-by-gerry-mckay.jpg twitter-adidas-superstar-shoes-by-gerry-mckay.jpg

This is neat!

Glasgow designer Gerry McKay has made his own version of Adidas Superstar shoes that incorporate Facebook and Twitter's logo and color palette.

Gerry's designs are only a concept, but we're sure Mark Zuckerberg and Jack Dorsey would love a pair.

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