Twitter Senior Executives Are Given A Farewell By Jack Dorsey

Twitter Senior Executives Are Given A Farewell By Jack Dorsey

Four senior executives of Twitter resign voluntarily , the question now for the leader team is, who is left?

Twitter Inc. announced the voluntarily departure of many of its senior executives including media head, Katie Jacobs and Kevin Weil, who was the product head. The micro blogging giant shares have dipped awfully low, because of its failed efforts to increase user growth in comparison to its rivals in the business. Where many leading employees are leaving, someone has to take care of the business until potential choices are looked at.  Hubbard is made the interim head for now, no further potential candidates have been mentioned.

Twitter Inc. has not indicated any plans on selling out, however analyst and many companies are assuming it will soon be available for acquirement, because of the continuous failures being reported and the slow user growth. However the business itself has not shown any interest or plans of doing so. The executives have not been reported to go to other companies but soon will, Kevin job and Katie’s are going to be filled by temporary employees until an individual is hired by the social media giant.

The social media company’s CEO gave a direct farewell to four of his senior executive on Twitter, Jack Dorsey tweet said, ‘I’m sad to announce that Alex Roetter, Skip Schipper, Katie Stanton and Kevin Weil have chosen to leave the company. All four will be taking some well-deserving time off.’ He had to do so because he wasn’t expecting the news to go public so soon and had hoped to speak to the employees regarding their departures before the news was made public, however things did not go as the chief executive had planned.

Jack Dorsey said to be grateful to each of these ex-senior executives for their effort, time and work at the social media network and called them to be phenomenal people. Nathan Hubbard is the interim as the head of media; this post was occupied by Katie Stanton. This was announced to the team by Dorsey through an email that also said the management team is going to have retreat in San Francisco from tomorrow; a discussion is going to be held regarding the future of the social media business.

A spokesman for Twitter said that Kevin Weil will not be replaced, and the business is not looking for a product head any longer. Roetter was in the engineering department and Schipper was the vice president of human resources at the social media company. This is sad news for the business and leaves a very big hole in the leaders team, this downfall of the team is the biggest one since Dorsey return as the CEO.

Twitter stock closed at $17.02, after going red by 4.60% on January 25, Tuesday.