Twitter Inc (NYSE:TWTR) is suffering a bad month. After bad earnings report, it has got another shock. In a program on CNBC, Jon Fortt reported that Twitter has lost two of its most important engineers. The first person who has resigned is Jeremy Gordon, the vice president of engineering, and the other one is Adam Kinney, a senior manager. Kinney was also the in charge of analytics team at Twitter Inc (NYSE:TWTR). Fortt said that Gordon was on an importunate position in Twitter Inc (NYSE:TWTR) and there were around 400 people working under him. This shock can convert into a disaster for Twitter Inc (NYSE:TWTR) if Gordon gets followers from his team.
Fortt said that there is a lot of dissention and problems in Twitter Inc (NYSE:TWTR)’s ranks these days. Engineers and product managers are not getting clarity about the strategies to launch products. They don’t know on what stream they should focus on and this has elevated a stir inside the company. Twitter Inc (NYSE:TWTR) is at a decisive point these days. Company is trying to consolidate its efforts and reiterating its marketing and product strategy.
Fortt quoted Dick Costolo, who recently claimed that there is a unification of ideas and goals about company’s future in Twitter Inc (NYSE:TWTR). These claims have been shattered today with the departure of two big guns. If the latest trend of leaving the troubled ranks peaks up, Twitter Inc (NYSE:TWTR) can become a victim of corporate panic which can be catastrophic for the social media giant.
Twitter Inc (NYSE:TWTR) has confirmed the resignations of two engineers. Gordon also confirmed it on a tweet in which he thanked Dick Costolo. Kinney is a former employee of Google where he worked at Analytics department.
John Thaler’s Jat Capital Management owns about 7.33 million shares of Twitter Inc (NYSE:TWTR).