Five senior executives at Twitter have parted ways with the embattled micro-blogging company in what is being seen as more evidence of co-founder and permanent CEO, Jack Dorsey’s determination to turn around the fortunes of the company he founded a decade ago.

Product head Kevin Weil, engineering chief Alex Roetter, VP of human resources Skip Schipper, head of global media Katie Stanton, and Vine's general manager Jason Toff all tendered their resignations on the same weekend leading commentators to speculate that the exodus was rooted firmly in disapproval for Dorsey’s management among the executive but Chris Enwright, technology analyst at Resona Corporate Partners believes the departures reflect dissatisfaction with their efforts on the part of Dorsey and Chief Operating Officer, Adam Bain.

“Dorsey took on the permanent CEO role at Twitter with a clear mandate to get it back on track again after it lost so much traction under the stewardship of Dick Costolo,” he remarked.

Dorsey has his hands full with Twitter and also holds the CEO position at Square, the online payments company he recently brought to market in a lower-key technology sector IPO late last year. He has been trying to more clearly define Twitter’s product and expand its appeal beyond what has become a niche audience which, although loyal, is not growing at a fast enough pace to please Wall Street which, according to Enwright, “regards user growth as the Holy Grail” for social media companies.

Resona Corporate Partners has advised clients to temper their appetite for technology IPOs citing a nascent trend on Wall Street for applying more of what it calls “old school” methodology for estimating the pricing of a floatation.

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