People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this file illustration picture taken in Warsaw September 27, 2013. REUTERS/Kacper Pempel/Files
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Twitter is overhauling its top management said CEO Jack Dorsey, who announced the shakeup Monday as the social network struggles to boost its profitability and prospects for growth.The Journal reported that Twitter planned to take on two new board members as early as this coming week, at least one of whom it said was a high-profile executive in the media industry.The newspaper reported that as a condition of returning as chief executive last year, Dorsey had told Twitter that all board members must eventually be replaced. Dorsey currently is managing two firms, Twitter and mobile payments startup Square -- both multi-billion dollar companies struggling to achieve profitability.Dorsey ran Twitter from 2007-2008 but was pushed out of the CEO chair.
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