Twitter may trim its staff again by about 300 people or 8 percent of its workforce, as the company tries to cut costs in trying times.

The widespread job cuts could come before the company releases its third-quarter earnings on Thursday, according to Bloomberg, which cited people familiar with the matter. It cautioned that the precise number of jobs affected could change.

A Twitter spokeswoman said in an email that the company doesn’t comment on rumor or speculation.

Twitter announced in October last year that it was laying off 336 employees.

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Source: COMPUTER WORLD