Twitter Inc. terminated more than 90 per cent of its employees in India over the weekend, “severely depleting its engineering and product team in a prospective growth area.”
The firing frenzy is part of global reductions by new owner Elon Musk.
.According to persons familiar with the situation who spoke to Bloomberg on the condition of anonymity due to the sensitivity of the subject, Twitter’s India offices employed just over 200 people before the cuts, leaving it with only about a dozen employees. The offices are in Bengaluru, Mumbai, and New Delhi.
Due to its sizable potential pool of new online users, India is a crucial growth engine for international internet companies like Twitter, Meta Platforms Inc., and Google, a division of Alphabet Inc.
The businesses must comply with “increasingly strict regulations” intended to rein in giant digital enterprises in the country.
According to one of the employees who spoke with Bloomberg, the product and engineering teams in India that worked on a worldwide mandate accounted for roughly 70 per cent of the jobs that were eliminated.
The firing frenzy is part of global reductions by new owner Elon Musk.
.According to persons familiar with the situation who spoke to Bloomberg on the condition of anonymity due to the sensitivity of the subject, Twitter’s India offices employed just over 200 people before the cuts, leaving it with only about a dozen employees. The offices are in Bengaluru, Mumbai, and New Delhi.
Due to its sizable potential pool of new online users, India is a crucial growth engine for international internet companies like Twitter, Meta Platforms Inc., and Google, a division of Alphabet Inc.
The businesses must comply with “increasingly strict regulations” intended to rein in giant digital enterprises in the country.
According to one of the employees who spoke with Bloomberg, the product and engineering teams in India that worked on a worldwide mandate accounted for roughly 70 per cent of the jobs that were eliminated.
Twitter Inc. terminated more than 90 per cent of its employees in India over the weekend, “severely depleting its engineering and product team in a prospective growth area.”
The firing frenzy is part of global reductions by new owner Elon Musk.
.According to persons familiar with the situation who spoke to Bloomberg on the condition of anonymity due to the sensitivity of the subject, Twitter’s India offices employed just over 200 people before the cuts, leaving it with only about a dozen employees. The offices are in Bengaluru, Mumbai, and New Delhi.
Due to its sizable potential pool of new online users, India is a crucial growth engine for international internet companies like Twitter, Meta Platforms Inc., and Google, a division of Alphabet Inc.
The businesses must comply with “increasingly strict regulations” intended to rein in giant digital enterprises in the country.
According to one of the employees who spoke with Bloomberg, the product and engineering teams in India that worked on a worldwide mandate accounted for roughly 70 per cent of the jobs that were eliminated.
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