Twitter Fires More Than 90% of India Staff, Leaving Just a Dozen
728 Monday, 07 November, 2022, 21:30 Twitter Inc. fired more than 90% of its staff in India over the weekend - part of global reductions by new owner Elon Musk - severely depleting its engineering and product staff in a potential growth market. The company employed just over 200 people in India, and the cuts left it with just about a dozen staff, people familiar with the matter said, asking not to be named because of the sensitivity of the matter. India is a key growth engine for global internet companies such as Twitter, Meta Platforms Inc. and Alphabet Inc.’s Google, which are relying on its large potential pool of new online users. Yet the companies are also facing increasingly strict content regulations aimed at reining in big tech firms in the country. About 70% of the jobs cut in India were from the product and engineering team which worked on a global mandate, one of the people said. Positions were also slashed across functions including marketing, public policy and corporate communications, the people said. Globally, San Francisco, California-based Twitter reduced its headcount by about half or roughly 3,700 workers. |
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