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Twitter has announced that it is cutting 336 jobs as part of a streamlining effort to set the company on course. 336 jobs represent 8 per cent of Twitter's global workforce and the job cuts will affect the engineering division.
The cuts come weeks after Jack Dorsey was appointed Twitter CEO. Twitter is doing well financially but has been having a hard time attracting new users, even as it has tried to diversify and add features to the service.