Elon Musk shuts two of the three Twitter offices in India, ask employees to work from home
- ByStartupStory | February 17, 2023
Months after laying off over 90 per cent of its India staff in November, Twitter on Friday morning shut two out of its three offices in the country.
As per the report, employees were sent back from work.
Offices in the national capital and financial capital have been shut. However, the social media platform’s office in the country’s IT hub, Bengaluru shall continue as usual.
Since the $44 billion takeover was completed, Musk undertook the task of cutting costs and improving Twitter’s financial health. In a bid to save costs, the social media platform laid off about 50 per cent of its staff globally late last year. In India, over 90 per cent of its staff including a majority part of its communications team was handed pink slips.
In a Twitter space conversation last year, Musk justified the layoffs by saying that Twitter is like a plane about to hit the ground with its engines on fire.
In an internal email to employees, Twitter had said, “In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday. We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward.”
Meanwhile, Musk has also been working on increasing revenue for the microblogging site. He launched a subscription model that requires users to pay $8 per month for verification and other benefits.
This is a developing story.
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