The micro blogging service that could is rumored to be laying off 300 people…

Twitter is one of the bastions of social media on the internet. When people say, “all the social things” or “social networking,” you normally think of two things – 1. Facebook (obviously); and 2. Twitter. To be very honest, I don’t think that social networking would be as big as it is if not for Twitter. Its quick little 140 character messages have truly made the entire social networking platform what it is today… at least I think so.

Over the past year, the company has gone through a number of interesting changes. Its founder, Jack Dorsey has returned to the company as CEO. He was ousted from the company in 2008; but has returned after a successful stint at Square as founder and CEO to retake the helm of the fledgling service he started. Dorsey was expected to turn things around for the company quickly; but unfortunately, things haven’t rebounded as Twitter would have liked…

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