Twitter has been struggling to run its business and control content ever since Musk sacked staff members.
Digital Desk: Elon Musk is closing Twitter offices after carrying out major layoffs in 2022. The Musk-led social network startup has reportedly closed two of its three locations in India and ordered the workers to work remotely. Among its 200+ employees in India, 90% had previously been let go by Musk. Musk also closed the Twitter office in Mumbai in addition to Delhi.
Despite this, the sources claim that Twitter still has a Bengaluru office that is mostly staffed by engineers. Significantly, Musk is closing offices in a number of nations, not only India. Elon Musk, the billionaire CEO, has let go of staff members and shut down offices all around the world, suggesting that he may be temporarily disregarding the Indian market.
Twitter has been struggling to run its business and control content ever since Musk sacked staff members. Musk previously said that in order to stabilize the business and assure its financial health, he might require till the end of the year.
Not only were the operations impacted, but after Musk took over the company, Twitter also failed to pay millions of dollars in rent for its San Francisco and London offices, was sued by numerous contractors for unpaid services, and auctioned off assets like bird statues and espresso makers to raise money.
Musk has even said that Twitter might run out of business and noted a "huge loss" in revenue as advertisers leave the network over worries about its capacity to filter out bad information. A number of big issues and scandals have also affected Twitter, with the most recent one occuring earlier this month.
In conclusion, Twitter's Indian headquarters is still open, but it seems the firm is having a lot of problems with its capacity to stay financially stable, keep its employees, and control what they may post. It's unclear how Twitter will fare in the fiercely competitive Indian market and whether it will be able to overcome its current difficulties while Musk seeks to stabilise the business.
In related news, Musk revealed at the Global Government Summit in Dubai that he will leave his position as Twitter CEO. Musk stated that he needed to "stabilise the company and simply make sure that it is in a financially sound position, and the product path is clearly written out." I don't know, but I'm speculating that the new CEO will likely start sometime this year.
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