The job cuts could be announced before the company reports third-quarter earnings on Thursday, and the number of jobs affected could change, Bloomberg said.
Twitter declined to comment on the matter.
Last year, Twitter announced plans to lay off up to 336 employees, a week after Jack Dorsey, its co-founder who had been serving as interim chief executive, took over as permanent CEO.
Twitter`s plan to sell itself was left in tatters earlier this month as the last major bidder walked away from a deal, causing its share price to fall dramatically.
It emerged Salesforce was the most likely purchaser, after other potential acquirers, including Google and Walt Disney, decided not to pursue a deal.
The company said in September that it would lay off some employees and halt engineering work at one of its development centres in India`s technology hub Bengaluru.
On Monday, Twitter said it rescheduled the release of its third-quarter earnings to before the market opens on Thursday to avoid conflicting with earnings announcements by other internet companies, reports Reuters.
It had originally planned to release results after the market close.
The company had 3,860 employees globally as of June.
Twitter was one of a number of major websites, including Spotify and Reddit, that were crippled on Friday by a massive cyber attack.
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