News: Company will reportedly add two new board members.
Twitter is revamping its top management in a major shakeup, as the company struggles to strengthen its growth prospects.
The executives who are leaving the company include Alex Roetter, head of engineering division; Kevin Weil, product head; Katie Stanton head of media; and vice president of human resources, Brian Skip Schipper.
Commenting on the departures, Twitter CEO Jack Dorsey said: "All four will be taking some well-deserved time off.
"I’m personally grateful to each of them for everything they’ve contributed to Twitter and our purpose in the world. They are phenomenal people!"
The departures are part of Dorsey’s plans to cut 336 jobs in an attempt to streamline the company’s operations.
Jason Toff, the head of Twitter’s video streaming unit, Vine, also announced that he was leaving the company to join Google’s virtual reality division.
Several sources also revealed that Twitter may also unveil other executive changes, including the appointment of a new chief marketing officer. The company is said to also be adding two new board members.
The company has undergone several changes since cofounder Jack Dorsey was named permanent CEO in October last year. Dorsey replaced Dick Costolo, who stepped down in June.
Last November, Twitter’s engineering manager Leslie Miley left the company due to the lack of diversity. As part of its diversity goals, Twitter is planning to increase the share of female employees to 35% in this year.
The company intends to fill 16% of its technology jobs with women next year, up from 13% currently.
Twitter is struggling to expand its audience base under Dorsey as the company posted disappointing user numbers in the last quarter.
Total average monthly active users were 320 million in Q3, up 11% year-over-year when compared to 316 million in the earlier quarter.
The company is due to report quarterly earnings in mid-February. Twitter is launching several new features in in order to attract more users.
Twitter has launched its Moments feature, which will show trending stories on several topics. Moments will feature the best stories happening on Twitter, curated by the company and select partners.
The company is also bringing Periscope live streams to users timeline. Users can see live video on the platform through the live broadcast hosted on Periscope, an app that was acquired by Twitter last year.
Twitter has around 320 million users worldwide, compared to the nearly 1.5 billion users Facebook has and the 400 million users Instagram has.