Twitter’s sales team is taking a hit in big upcoming layoffs techcrunch.com

Well, now we know why Twitter decided to move its earnings report to before the market opens (when the West Coast will conveniently, largely be asleep).

Bloomberg is reporting that the company may cut up to 8% of its staff, or around 300 people, and that the cuts could be announced as soon as this week. As usual these situations are very dynamic, so all of the above could shake out to be different than expected, but we’ve heard plenty of similar rumblings about layoffs for the past few weeks.