Twitter founder Elon Musk has closed 2 out of 3 offices in India.
According to Indian media, Twitter offices located in the India capital New Delhi and Mumbai closed.
According to reports, the staff of these offices ordered to work from home.
In this regard, Indian media say that the orders to employees to work from home is a part of Elon Musk’s campaign to reduce costs.
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Twitter, which laid off more than 90 percent of its roughly 200-plus staff in India late last year. Which has closed offices in the political hub of New Delhi and the financial hub of Mumbai, the company said.
The company operates an office in Bengaluru’s southern tech hub that houses most of its engineers. The people said, declining to identified because the information is private.
Billionaire Chief Executive Officer Musk has laid off staff and closed offices around the world as part of an effort to stabilize Twitter financially by the end of 2023.
Yet India has Meta Platforms Inc. from Alphabet Inc. known as an important growth market for US tech companies. of Google, which is making a long-term bet on the world’s fastest-growing Internet space. Musk’s latest moves show he’s underestimating the market right now.