Twitter will cut 9% of workforce as revenue growth slows

Twitter posted another quarter of slowing revenue growth Thursday and said it would slash 9% of its global workforce, in its first report since recent takeover interest from potential suitors including Salesforce.com dissipated. Twitter recorded a loss of $102.9 million, or 15 cents per share "We’re getting more disciplined about how we invest in the business, and we set a company goal of driving toward GAAP profitability in 2017,” CFO Anthony Noto said in Twitter’s earnings press release.