Twitter suffered a very dismal third quarter for 2015, with Twitter stock currently down 1.8 percent. And between Q2 and Q3, Twitter only increased its monthly active users by 1.25 percent.
Meanwhile, Twitter now also finds itself in the midst of a very public diversity problem. Following CEO Jack Dorsey’s decision to lay off 9 percent of Twitter’s employees, Rev. Jesse Jackson wrote a letter to Dorsey regarding the layoffs and expressed his concern that the decision targeted minorities, who are already severely underrepresented at the company.
Read the story here.
Related content:
- Ex-employee blasts Twitter, rival firms come knocking (CNN Money)
- Inside Twitter's big diversity problem (CNN Money)
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