Read the attached article and answer the questions in 125 words each, based on the solution:
Solution 1: Cut down on the employee’s hours, to keep from having to fire anyone.
• Describe ways you overcame barriers to creativity to identify solutions.
• Discuss how critical thinkimg was applied to come up with potential solutions and to motivate change.Read the attached article and answer the questions in 125 words each, based on the solution:
Solution 1: Cut down on the employee’s hours, to keep from having to fire anyone.
Describe ways you overcame barriers to creativity to identify solutions.
Discuss how critical thinking was applied to come up with potential solutions and to
motivate change.
Document 1 of 1
Deutsche Welle Business: Twitter announces company-wide layoffs
Full text:
The social networking site has said that it is laying off hundreds of employees as part of its
efforts to restructure its business model and turn the financially struggling company into a profitmaking entity. Twitter announced on Tuesday that it was cutting 336 jobs, about 8 percent of the
company’s workforce of 4,100 people. “The restructuring is part of an overall plan to organize
around the company’s top product priorities and drive efficiencies throughout the company,”
Twitter said in a regulatory filing, adding that it “intends to reinvest savings in its most important
priorities to drive growth. “The move came two weeks after the San Francisco based firm
brought back one of its co-founders, Jack Dorsey, as permanent CEO in hopes that he would be
able to resolve the messaging platform’s problems. Twitter has been facing a host of issues such
as slowing user growth and a stream of financial losses. The company has been unable to turn a
profit in its nine-year history. Since Dorsey and his partners started the service, Twitter has lost
nearly $2 billion (1.75 billion euros). Investors are now worried that the company’s third-quarter
results, scheduled for October 27, will be another disappointment. Making it more accessible
Dorsey has acknowledged that Twitter is too confusing for many people to use, turning off new
users at a time when other social services such as Snapchat and Facebook’s WhatsApp have
grown in popularity. Dorsey therefore promised to make Twitter more accessible to the masses
next year, and cutting jobs is expected to give the company more financial leeway while it
designs new tools. As part of its revival plan, Twitter last week unveiled a new feature called
“Moments” that packages commentary, video and photos about major events that have captured
people’s attention. The work on Moments began while Dorsey’s predecessor, Dick Costolo, was
still Twitter’s CEO.sri/uhe (AP, AFP) The views expressed in any and all content distributed by
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Publication title: Newstex Global Business Blogs
Publication year: 2015
Publication date: Oct 13, 2015
Dateline: Oct 13, 2015
Publisher: Newstex
Place of publication: Chatham
Country of publication: United States
02 July 2016 Page 1 of 2 ProQuest
Publication subject: Business And Economics
Source type: Blogs, Podcasts, & Websites
Language of publication: English
Document type: Blogs
ProQuest document ID: 1721695719
Document URL: http://search.proquest.com/docview/1721695719?accountid=458
Copyright: Copyright Newstex Oct 13, 2015
Last updated: 2015-10-13
Database: ProQuest Central
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