Business

Twitter shuts down India offices as part of a global downsizing

Twitter, owned by Elon Musk, is reportedly planning to vacate its co-working spaces in Delhi and Mumbai, following similar actions in Bengaluru.

According to sources, the process of vacating the offices was initiated in December of last year. The company’s Mumbai office, located in BKC, had approximately 150 employees, and the Delhi office, located in Qutub, had around 80 employees. The decision to vacate these spaces is believed to be part of global changes within the company.

This news comes on the heels of reports that Musk, who failed to pay the rent for Twitter’s headquarters in San Francisco, has also asked remaining staff in Singapore to work remotely as the company has allegedly failed to pay the monthly rent. Twitter employees were informed of the decision via email and were instructed to leave the CapitaGreen building and work from home.

In the United States, Twitter has also been sued for failing to pay $136,250 in rent for its office space in San Francisco.

These actions are a part of tech billionaire Elon Musk’s efforts to significantly reduce Twitter’s expenses since his acquisition of the company for $44 billion in October. In November of last year, he initiated a major workforce reduction, leading to the layoffs of around 50% of its employees, which is around 3,700. The job cuts in India were even more severe with a reported 90% of over 200 employees losing their jobs.

Musk has continued to implement further rounds of layoffs across various departments including product, engineering, infrastructure, policy, content moderation, and sales in recent months. As a result, the company now has an approximate workforce of 2,000 employees worldwide.

Terence Jobs

Terence Jobs is a freelance writer who has been reporting on entertainment news and trending stories for over half a decade. His expertise lies in the fields of celebrity, television and music.

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