Twitter lays off more employees; This time from sale: report

Microblogging site Twitter has laid off more employees in a fresh round of layoffs, reported news website The Information. To recall, the company has closed two of its three offices in India and asked employees to work from home.

this time the Elon Musk Twitter-owned has fired employees from the sales team, suggested a report. However, the number of people evacuated is not clear. The microblogging site laid off 800 sales and marketing employees in the month of the blast.

Twitter Inc recently closed two of its three India offices and asked its employees to work from home, part of Elon Musk’s mission to cut costs and get the struggling social media service in the black. outlined for

Twitter, It laid off more than 90 percent of its more than 200 employees in India late last year, closing offices in the political hub of New Delhi and the financial hub of Mumbai, people familiar with the matter said. The company continues to operate an office in the southern tech hub of Bengaluru, which houses mostly engineers, the people said, asking not to be identified as the information is private.

Billionaire CEO Elon Musk has laid off employees and offices around the world as part of an effort to stabilize Twitter financially by the end of 2023. Meta Platforms Inc, For Alphabet Inc’s Google, those making long-term bets on the world’s fastest-growing Internet sector. Musk’s latest moves suggest he is underestimating the market for now.

Twitter has evolved over the years into one of India’s most important public forums, home to heated political discourse and Prime Minister Narendra Modi’s 86.5 million followers. Yet revenue isn’t all that important to Musk’s company, which also faces tighter content regulations and increasingly savvy local competition. Twitter did not immediately respond to a request for comment.

The exodus of workers – many of whom were fired – since Musk’s acquisition has raised concerns about whether Twitter can maintain its operations and regulate content. Musk said this week that he may need until the end of the year to stabilize the company and ensure that it is financially healthy.

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