New Delhi: As part of a global job cut imposed by Twitter’s new owner Elon Musk to achieve economies of scale and make the USD 44 billion acquisition sustainable, the social media platform has begun terminating staff in India.
Twitter lays off employees in India. Layoffs in marketing, communication and some other departments: Sources pic.twitter.com/Jq4z2lIxwI
— ANI (@ANI) November 4, 2022
The CEO of Twitter, Parag Agrawal, as well as the CFO and a few other top employees were fired by the world’s richest businessman, Elon Musk, last week to start his tenure there.
The top management left soon after that. Musk has now begun a significant effort to reduce the company’s overall personnel.
“Lay-off has started. Some of my colleagues have received email notification regarding this,” a Twitter India employee told PTI on condition of anonymity.
Another source claimed that a “substantial chunk” of the India team has been affected by the layoffs.
The complete information regarding the employment losses was not immediately accessible. Email inquiries were not answered by Twitter India.
The US-based social media platform, in an internal email to employees earlier, 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.”
It said that “everyone will receive an individual email”. For the sake of the security of its staff, Twitter’s systems, and customer data, the firm will temporarily close all of its locations.
“If you are in an office or on your way to an office, please return home,” Twitter had said.
The corporation in the email forbade employees from disclosing sensitive company information on social media, with the press, or in any other way, despite the fact that Twitter has multiple run-ins with the law over the right to free speech.