By Alex Fitzpatrick
October 13, 2015

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:

 

Write to Alex Fitzpatrick at alex.fitzpatrick@time.com.

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