#AFNews – Twitter beats earnings expectations with third-quarter adjusted earnings of 13 cents per share on revenue of $616 million but cuts workforce by 9% or 350 jobs – @AceFinanceNews

#AceFinanceNews – Oct.27: Twitter beats earnings expectations

The social media giant posted third-quarter adjusted earnings of 13 cents per share on revenue of $616 million.

Twitter will cut 9 percent of its workforce, or roughly 350 people
// Recode – All The cuts were not company-wide, but were heavily focused on Twitter’s marketing and sales teams, according to sources.

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