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Twitter offers bonuses to employees to retain them
Highlights
In a bid to prevent staff departure, Micro-blogging site Twitter Inc has been offering additional restricted stock and cash bonuses to its employees.
In a bid to prevent staff departure, Micro-blogging site Twitter Inc has been offering additional restricted stock and cash bonuses to its employees.
The company has been offering cash bonuses to some employees ranging from USD 50,000 to USD 2,00,000 as an incentive to keep them around for another six months to a year, the Wall Street Journal reported.
The move comes after four top executives left the company in January. CEO Jack Dorsey had posted a statement to the microblogging service saying that Alex Roetter, Skip Schipper, Katie Stanton and Kevin Weil exited the company.
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