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Twitter planning layoffs: report

Twitter will lay off employees next week as freshly-returned chief Jack Dorsey pushes for a leaner operation focused on winning users, tech news website Re/code reported Friday.

Layoffs will be spread across the entire San Francisco-based company and will likely include engineers, which account for about half of Twitter's approximately 4,200 employees, according to Re/code.

Re/code cited unnamed sources in its report, while Twitter declined to comment on what it referred to as rumour and speculation.

Twitter quickly became a global sensation after its launch in 2006, but the social media platform's growth has slowed and it has yet to turn a profit.

Twitter planning layoffs: report