Twitter May Be Struggling, But It Still Has $3.5B
It’s no secret that Twitter has faced several huddles in the past few months, including layoffs, blackouts and a crumbling stock price.
This week is no different. Four major executives announced they are leaving the struggling microblogging site, signaling trouble to many in the industry.
The company has been trying to turn itself around and increase user growth since the arrival of CEO Jack Dorsey, who rejoined Twitter back in October. Despite initial confidence, however, investors are growing impatient to see results.
Kurt Wagner of Re/code joins Here & Now’s Robin Young with details on what has been going on inside Twitter and what these recent developments may mean for its future.