At Twitter Inc. (TWTR), Jack Dorsey’s To-Do List Just Got Longer, But Will Upheaval Hinder Turnaround?
Since Jack Dorsey’s return as savior-CEO in June, Twitter has been a turnaround story: Fix the product so it is more appealing and useful to users and non-users alike. But now those plans appear to have hit a snag, with Dorsey announcing four top execs leaving over the weekend.
Now, only five of 13 top executives from Twitter’s fall roadshow remain with the company, as BTIG analyst Rich Greenfield pointed out. That’s massive upheaval for a company that’s supposed to be mid-turnaround. The question no one seems to agree on: Is this good or is it bad for Twitter?
