Business News

Sunday 11 December 2016

Little to step down as Twitter Irish boss

Published 02/12/2016 | 02:30

Mark Little
Mark Little

Mark Little is to step down as head of Twitter in Ireland, just months after taking up the job. The unexpected move comes as a result of a company-wide restructuring effort at Twitter, which is seeking to turn a profit and grow its user base.

  • Go To

Mr Little is a former RTÉ television anchor and founder of Storyful. He joined Twitter in 2015 and was appointed managing director in June of this year. No replacement has yet been announced for the role.

"For several months, Twitter has been considering changes to its media partnerships team, which I led in Europe," said Mr Little, who hasn't outlined his future plans. "In October, the decision was made to restructure the team and locate its leadership roles in the US. I was asked to consider a possible return to the US, where I was living when I joined Twitter, or building on my role as Twitter's managing director in Dublin. I decided that neither would be the right fit for me or Twitter Dublin and I opted for a mutually agreed exit from the company."

A statement from the social network praised his "exemplary stewardship" of Twitter Dublin and for "leading our European media team over the past 12 months".

Twitter recently announced its plans to lay off 9pc of its global workforce, or roughly 350 people. It is unclear how many Irish staff will lose their jobs. Twitter employs over 200 people at its Dublin-based international headquarters.

"We announced a restructuring and reduction in force affecting approximately 9pc of Twitter's positions globally," said a recent company statement. The restructuring, which focuses primarily on reorganising our sales, partnerships and marketing efforts, is intended to create greater efficiency as we move toward our goal of driving toward profitability in 2017."

Twitter has suffered modest user growth compared to rivals such as Facebook and Snapchat. Google and Salesforce recently shied away from buying the company.

Irish Independent

Read More

Promoted articles

Editors Choice

Also in Business