Report: Twitter may soon fire 300 workers

Twitter may soon cut 8 percent of its workforce, according to Bloomberg, as the company continues to search for a bid by a potential suitor. Companies like Google and Disney were likely deterred by the site's abuse problem. TechCrunch reports that Twitter may be looking at the sales team for this round of layoffs. Twitter's share price is down 40 percent over the last year as user growth slow continues at a snail's pace.