This exodus from twitter commenced in November, when Chief Operating Officer Adam Bain left the company and earlier this month Twitter’s director of media partnerships and head of news, government and elections Adam Sharp said he was leaving the company.
Here’s a statement from Twitter on the move:
Throughout 2016, we've made progress refining our core service, launching live streaming video, giving people more control over their Twitter experience, and promoting and recruiting great talent. We’ve continued to increase the speed of implementing product improvements, and, as we've previously shared, we've seen the direct positive impact on audience engagement and growth, caused by the enhancements we're making.
To further accelerate this positive momentum, we’re taking steps to streamline and flatten the organization by elevating our engineering, product and design functions, with each area now reporting directly to Jack. We believe these updates to our organizational structure will enable increased discipline in our product strategy and faster execution.