Twitter has been in the news a lot recently as it moves to cut more than 8 percent of staff worldwide in a cost cutting measure. And now another senior staff member is leaving.
Chief Operating Officer Adam Bain has aannounced that he'll be flying the coop in the near future. He's been part of the company for six years and has worked closely with senior management including returning CEO Jack Dorsey.
Here's his news, posted on Twitter, naturally.
Bain was in charge of the companies advertising business and that role will now go to current CFO Anthony Noto, who will hold both positions for the time being.
Bain had more to say about his vision of Twitter:
I have nothing but love for this unbelievable company & product.
It’s been a privilege to have played a role in helping build something so special.
Someone who worked w me said: "When I wear a Twitter shirt w/the logo on chest, I feel like a superhero.” For me, this has always been true.
I came here to help build out the business, but more importantly build a team. My team is the best legacy anyone can leave.
We took the company from $0 to Billions faster than almost anyone’s ever done it. We diversified the business, took it global.
We took an organization and scaled it in every way possible.
Most importantly, we did it right--- in the right way --- in a way that makes us proud.
I look at what we’ve built together and how far we’ve come, and I feel like I can leave the company now in a place of strength.
I’m excited to take w me everything I’ve experienced at Twitter & do something totally different and new outside the company. Stay tuned!