Twitter undergoes major shakeup at the top, reports say
Twitter is undergoing a major shakeup among its top executives, according to two new reports. Katie Jacobs, Twitter's vice president of global media, and Kevin Weil, senior vice president of product, are leaving the company, Recode reported Sunday. Separately, the New York Times reported Sunday that Alex Roetter, senior vice president of engineering, is also on the way out, and that CEO Jack Dorsey will soon add two new board members. The moves are apparently part of Dorsey's plans to reshape the company, which has been plagued by a succession of executive departures over the past year. Twitter stock has plunged almost 55% over the past year, and shares have recently fallen below their IPO price following disappointing user-growth numbers.
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