Twitter offers big bonus to keep employees from jumping ship

The famous social network was reported to hand out 6-figure bonus and even additional stocks to entice the employees to stay in the company.

Based on a Wednesday report in the Wall Street Journal, twitter is now working furiously to keep good employees, offering cash bonuses reportedly range from $50,000 to $200,000.

Twitter spokesman said in the email: “Developing, retaining, and recruiting top talent is critical to Twitter’s business success and building shareholder value.” But she did not confirm or deny the report of Wall Street Journal.

According to the report from American CNBC, the company might be encountering another problem based on a recent survey; advertiser’s interests are gradually declining. About 23% advertisers are planning to reduce the advertising expenditure, and only 32% companies plan to increase the expenditure.

Besides, with the declining of Twitter’s share price, the company has lost several senior executives, including Skip Schipper, the vice president of the human resources, Alex Roetter, the director of engineering department, and the Product Supervisor Kevin Weil.

Speaking of Twitter’s doings, Gartner analyst Brian Blau expressed that he wouldn’t be surprised, and the analyst held that Twitter is having problems.

Related reports showed that Jack Dorsey, the co-founder and past CEO of Twitter ever expressed that he would act as the CEO of the company on the condition that the board of the directors should be regrouped. Yet it seems that Jack Dorsey now will need to figure out how to keep these good employees from jumping ship.