Thinknum Alternative Data
Request Demo
Thinknum Login
Questions answered using Thinknum

Fundamental Investors

How many cars has Carmax sold this week compared to the same week last year?

How is foot traffic at Chipotle changing YoY?

What are the industrial companies that are growing and hiring the most?

Quantitative Analysts

How are the number of Twitter followers a leading indicator for company performance?

How are the number of LinkedIn employees a leading indicator for company performance?

Business Inteligence

Which private companies are getting their products picked up by major retailers?

Which private healthcare companies are hiring the most?

Which tech startups are getting the largest increase in mobile app downloads?

Join the investment community and start your week with market insights seen through the lens of alternative web data.

Twitter hiring an "M&A Lead" to handle an incoming acquisition or merger

1 month ago by Joshua Fruhlinger in

We don't usually report on individual job listings, but occasionally something stands out in the millions of job titles we see that can foretell a shift in strategy or potential major move on the part of a company.

In this case, we're looking at a single job listing at Twitter ($NYSE:TWTR) titled "M&A Lead and Program Manager, People Team" that was posted on October 7, 2019.

While the job posting is just one of more than 450 posted to Twitter's recruiting website(s) this week, it's of particular interest — or at least curiosity — because it's the first job posting with the term "M&A" in its title since 2016, begging us to ask: is Twitter gearing up for a major acquisition?

The posting is still active as of today. Previously, a "Site Reliability Engineer - M&A" was posted back in September of 2015, toward the end of a year in which the company made 8 acquisitions.

Title

Posted Date

Last Listed

M&A Lead and Program Manager, People Team

October 7, 2019

October 13, 2019

Site Reliability Engineer - M&A

September 10, 2015

August 17, 2016

Legal Counsel - Corporate, Securities and M&A

Unknown

September 30, 2018

Prior to that, Twitter was on the lookout for only one other M&A-focused position, when it was on the hunt for Legal Counsel last September.

Twitter is no stranger to acquisitions. It famously acquired Vine in 2012 and, more recently, Periscope in 2015. Overall, the company has made 57 acquisitions since 2008.

But given the nature of the new hire and its placement in Twitter's "People" department, one may surmise that the company is readying for an acquisition that will require some serious talent retention and attrition strategy. Indeed, the job listing calls for "recommendations to ensure successful transactions" and to lead an effort for "Change Management to support all M&A activity". It also insinuates a new deal, with language about "project kickoff", "cultural integration" as well as evaluating and coming up with a retention strategy and associated costs. Finally, it calls for this new lead to "Quantify any potential liability that may results as a consequence of the transaction".

As for what the transaction may be, we don't know, of course. But Twitter may have shown its hand in terms of an upcoming deal here.

Another indicator here may be found in overall hiring activity at Twitter, as large M&A deals are often precipitated by hiring slowdowns. Twitter job openings have indeed slowed a bit since last summer, especially when quantified on a month-over-month basis.

About the Data: 

Thinknum tracks companies using information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Further Reading: 

Join the businesses who have begun to edge out competitors by scouring the web for alternative data.

Request demo
Ready for a personalized tour?

Joshua Fruhlinger

Joshua has been writing about technology, lifestyle, and business for over 20 years. He's one of the original writers and editors for Engadget, and still writes a...

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.