• by Gavin O'Malley  @mp_gavin, June 29, 2018

Along with a broader reorganization, Twitter just announced that Ed Ho is stepping back from his current responsibilities as vice president of product and engineering at the company.

At least for the time being, Ho plans to transition into a part-time position devoted to Twitter’s ongoing safety and abuse initiatives.

More broadly, Twitter is moving away from teams organized around general managers and individual products and will instead arrange itself around “functional” areas, like engineering, products, and technology.

The change is designed give Twitter more flexibility and agility, CEO Jack Dorsey said in a company-wide memo. “I’ve decided to make our organization more straightforward,” Dorsey said. That means moving back to a functional organization, he said.

As Dorsey explained: “A pure end-to-end functional organization … will drive clearer decision-making, enable us to foster stronger culture, be more agile in making in making engineering trade-offs, and most importantly, sets us up for more creativity and invention, which is the phase we must now enter to continue to be relevant and important to the world.”

Among other shifts, the entire engineering team will now report to Mike Montano, who recently oversaw engineering for Twitter’s product team.

Kayvon Beykpour, former Periscope CEO of Periscope current GM of video, will now oversee products.

Additionally, Bruce Falck will continue to head up Twitter’s revenue products, Parag Agrawal will still oversee technology; and Ned Segal will still oversee the company’s finance team.

For the second quarter in a row, Twitter recently report a profit. During the first quarter, the company reported net income of $61 billion -- not bad considering the company suffered a net loss of $62 during the same period last year.

First-quarter revenue reached $665 million, which represented an increase of 21% year-over-year.

Additionally, owned-and-operated ad revenue was up 28% year-over-year, which CEO Jack Dorsey said was driven by continued audience growth, differentiated ad product features, improved ROI, and better sales execution.