Twitter (TWTR) Said Planning to Cut 'Hundreds' of Jobs

Twitter (TWTR) Gains on Reports Disney (DIS) Has Rekindled Buyout Interest

Twitter (NYSE: TWTR) is bid modestly higher ahead of tomorrow's earnings results following reports from Betaville that Walt Disney (NYSE: DIS) has rekindled interest in buying the company.

Shares of Twitter last traded up 2.8% to $17.74.

Twitter plans to cut about 300 more jobs: Bloomberg

(Reuters) - Twitter Inc (NYSE: TWTR) may cut 8 percent of its workforce or about 300 people, Bloomberg reported on Monday, citing people it said were familiar with the matter.

The job cuts could be announced before the company reports third-quarter earnings on Thursday, and the number of jobs affected could change, Bloomberg said. (http://bloom.bg/2dErHcF)

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Twitter (TWTR) Announces Rescheduling of Q316 Conf. Call

Twitter (NYSE: TWTR) announced today that it will release financial results for the third quarter of 2016 pre-market on Thursday, October 27, 2016. The release and conference call, which had been originally scheduled for post-market on Thursday, have been rescheduled, in response to analyst requests, to avoid overlapping... More