On: Twitter Expected to Begin Layoffs and Stop Headquarters Expansion

[scottu]

Is there enough demand in the San Francisco area to absorb say 20% of Twitter employees? It always feels like everyone is hiring out there.

[rconti → scottu]

Absolutely. And if this is a sign of a few unicorns starting to drop, you're better off being one of the first ones to go than the last.

This is probably a very wise move. 4000 employees is just insane for what they do. Grow wisely.

[jedc → rconti]

> 4000 employees is just insane for what they do.

Yes and no. Twitter will make ~$2 Billion in revenue this year (and it's their massive revenue growth that's kept the stock price where it's at). That takes a LOT of sales and marketing people to achieve.

[ryandetzel → scottu]

They have over 30 offices so some if not most will be in other offices around the world.

[tarblog → ryandetzel]

I'd guess that most are in the SF office, but I didn't know that had 29 other offices until 5 seconds ago.