Twitter announced Tuesday that it’s laying off more than 300 employees, representing about 8% of the company’s workforce.
The move, expected after a Re/code report last week, comes shortly after Twitter co-founder Jack Dorsey was named permanent CEO. Dorsey was previously serving as interim CEO after Twitter’s former chief executive, Dick Costolo, left in July.
In a letter to Twitter employees, Dorsey framed the layoffs as a means to refocus the company’s efforts. “The roadmap is also a plan to change how we work, and what we need to do that work,” he wrote.
Here’s Dorsey’s letter in full:
See What Your Twitter Profile Looked Like Over the Last 10 Years
More Must-Reads from TIME
- L.A. Fires Show Reality of 1.5°C of Warming
- Home Losses From L.A. Fires Hasten ‘An Uninsurable Future’
- The Women Refusing to Participate in Trump’s Economy
- Bad Bunny On Heartbreak and New Album
- How to Dress Warmly for Cold Weather
- We’re Lucky to Have Been Alive in the Age of David Lynch
- The Motivational Trick That Makes You Exercise Harder
- Column: No One Won The War in Gaza
Contact us at letters@time.com