Twitter Department Leadership Sees Mass Departure
Four of Twitter’s top executives from engineering and HR left their positions at the social network over the weekend, leaving employees concerned over duties and investors worried about the company’s stability.
Late Sunday night, Twitter CEO Jack Dorsey confirmed that media head Katie Jacobs Stanton, product department head Kevin Weil, engineering division head Alex Roetter, and HR head Brian Schipper will all leave their positions at the company. He added that COO Adam Bain and CTO Adam Messinger will take on additional responsibilities in HR and engineering, respectively.
The change comes in poor timing for Dosrsey, who returned to his position at Twitter months ago and has since faced pressure from investors over his decision to lead both Twitter and payment processing company Square at the same time.
Additionally, Twitter’s stock has lost almost half of its value since Dorsey’s return last year. The stock now trades below its IPO price as investors are concerned that the network’s user base has become fully saturated.