Peeping says that four executives are leaving the com ny.
Its stock flatten more than 4 per cent in premarket trading.
CEO Jack Dorsey posted a account to the microblogging service saying that Alex Roetter, Skip Schipper, Katie Stanton and Kevin Weil are leaving the com ny. Dorsey said he wanted to address employees later this week, but issued a communication due to `inaccurate press rumors’ about the de rtures.
Roetter served as chief vice president of engineering, Schipper was vice president of human resources, Stanton was iniquity president of social media and Weil was senior vice president of issue.
Dorsey said that chief operating officer Adam Bain will-power be taking on some additional responsibilities on an interim basis. Chief technology manager Adam Messinger will also be assuming some responsibilities.
After a yearn streak of robust growth that turned it into one of the internet’s fieriest com nies, Twitter’s growth has slowed dramatically during the st year-and-half to devise the San Francisco-based com ny scrambling to catch up with social networking princi l Facebook and its 1.5 billion users.
Twitter Inc.’s malaise resulted in the de rture of Dick Costolo as the train’s CEO last July and ushered in the return of Dorsey, who had been ousted as the firm’s leader in 2008.
Dorsey helped invent Twitter in 2006 and imposed a 140-character limit on news so the service would be easy to use on cellphones that had 160-character limits on extracts at that time. Those texting limits on phones faded away discrete years ago as the advent of smartphones enabled people to use other Internet implication services. Twitter may be looking to ex nd beyond its 140 character tweets in a bid to thrive its service more appealing to wider audience.