Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people familiar with the matter.
The social media company shut down offices in New Delhi and Mumbai but continues to operate its office in the southern tech hub of Bengaluru that mostly houses engineers, the report added.
Twitter, under new owner Elon Musk, fired more than 90% of just over 200 of its staff in India last year, Bloomberg had reported.
Last month, the company ordered at least a dozen more job cuts in Dublin and Singapore offices as part of wider cost-cutting measures at Twitter that saw layoffs of about 3,700 employees in early November.
Twitter did not immediately respond to Reuters’ request for comment.
Source : Reuters
The weak performance of business investment across the OECD since the Global Financial Crisis holds…
The US dollar has dominated the international monetary system since the end of Bretton Woods.…
Solid waste is one of the most visible by-products of human prosperity—and one of the…
Climate mitigation investment increases with long horizons, economic scale and investor diversity, underscoring long-term capital…
China is relatively inured to the Iran conflict, but less external demand could hit its…
The composition of international reserves is in a constant state of flux. This column identifies…