Top Twitter Executives To Depart Company
Twitter‘s head of engineering and chief of product are leaving after the company has failed to improve its site quickly enough to reverse a slowdown in user growth, according to the people, who asked not to be identified because the information was private. The popular names include senior engineering VP Alex Roetter, VP Katie Jacobs Stanton, VP of Human Resources Brian Schipper, product VP Kevin Weil.
In recent months, Weil, Roetter and Stanton are among the highest-level departures, but a number of executives have left Twitter since co-founder Dorsey stepped in as temporary CEO in July.
In his statement, which he posted on Twitter, Dorsey said that COO Adam Bain and CTO Adam Messinger would be taking on additional responsibilities for the time being. Dorsey is seen as a visionary, and has been tasked with improving Twitter’s product.
The departures are part of Dorsey’s plans to cut 336 jobs in an attempt to streamline the company’s operations.
Dorsey, who said in his tweet that he wanted to “set the record straight” given what he described as “inaccurate press rumors”, did not mention Jason Toff, the head of Vine, among the departures.
Although Twitter’s spokesman, Jim Prosser has declined to comment on the matter, media reports have announced the management shuffles.
Several sources also revealed that Twitter may also unveil other executive changes, including the appointment of a new chief marketing officer.
Early on Sunday Re/code reported that Stanton and Weil might be leaving according to inside sources.
More broadly, Dorsey has made clear his intention to make Twitter more accessible to mainstream users and has made clear that no feature of the social networking service is sacred.
The chief of product and engineering head of the company are leaving after enhancements in the company were not fast enough to undo a user growth slowdown.
Twitter’s shares, which were at their lowest-ever price two weeks ago at $19.98, fell even further to $17.84 on Friday.
Since then, Dorsey has launched Moments – a product developed by Weil – which showcases Twitter’s best tweets and content, laid off 300 workers, and hired former Google executive Omid Kordestani as executive chairman.