According to a Bloomberg report, Elon Musk has shut these Twitter India offices and asked the staff to work from home in an effort to cut costs. Since only two of the three offices have been shut, the report mentions that Twitter’s office in New Delhi and Mumbai have been closed but the one in Bengaluru (Bangalore) is still open. The latter also houses most engineers.
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Referring to Musk’s move to shut Twitter India offices and crediting India as a “key growth market for US tech giants,” the report adds that Elon Musk may not be giving the country enough importance as of now. It reads, “Yet India is regarded as a key growth market for US tech giants from Meta Platforms Inc. to Alphabet Inc.’s Google, which are making long-term bets on the world’s fastest-growing internet arena. Musk’s latest moves suggests he’s attaching less importance to the market for now.”
For the unversed, the move to shut Twitter India offices bears significance as back then when Elon Musk went on a spree of mass layoffs at Twitter, he ended up firing 90 per cent of Twitter India staff. With only a handful of employees left in India, Musk’s move becomes an important point for analysts eyeing the social media company’s future.
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