Twitter News: Elon Musk took this step in India to cut costs

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Twitter News: Twitter is taking several steps to cut its expenses. Twitter has closed its offices in Delhi and Mumbai, taking forward the exercise of drastic reduction in layoffs and costs. If sources are to be believed, the employees who were working here have now been asked to work from home. That is, in these two cities, Twitter employees are now doing work from home. Sources said that mainly engineering staff is working in Twitter’s Bangalore office.

Delhi and Mumbai offices closed a few weeks back

Sources with knowledge of the matter said that the Delhi and Mumbai offices were closed a few weeks ago and their employees are now working from home. The number of employees affected by the move was not immediately known. There was no response to the questions sent to Twitter in this regard till the time of writing the news.

The company lost millions of dollars every day

Twitter’s new owner industrialist Elon Musk had earlier said that the company was losing millions of dollars every day and that he was left with no option but to lay off and cut costs. Musk has started massive layoffs after acquiring Twitter for $44 billion.

The company fired most of the employees

Twitter has laid off most of its employees in India as part of its global workforce reduction plan. Before this retrenchment, more than 200 employees of the company were working in India.

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