Twitter has been shedding employees throughout varied departments since November final 12 months, and the downsizing continues on a big scale. Recent stories point out that the corporate has fired plenty of employees in gross sales and different groups. According to a report, the transfer to fireplace more employees is a part of Twitter’s efforts to scale back prices and streamline operations. Â
Reports recommend that the employees from the gross sales group had been laid off solely final week. The actual variety of workers affected by the newest spherical of layoffs will not be but recognized, nevertheless stories state that Twitter had roughly 800 people working in gross sales and advertising and marketing roles as of January 2023. The variety of employees who’ve been laid off within the Indian area is at the moment unclear.Â
ALSO READ:Â TCS to lay off employees? Here’s what firm’s high official says
In one other cost-cutting transfer, Twitter lately closed two of its three offices in India and instructed its employees to work remotely. This comes as well as to a number of rounds of layoffs which have taken place over the previous few months. In truth, final 12 months, as many as 200 employees in India acquired termination letters from the corporate. Twitter has been implementing these measures throughout international areas to enhance its income stream and scale back prices.Â
In addition, Elon Musk, the CEO of Twitter, has eliminated a number of key advantages that had been beforehand obtainable to Twitter employees. These perks included wellness allowances, free dwelling web, daycare, and different related advantages.Â
ALSO READ:Â Amazon asks employees to work from workplace at the very least three days per week
To get better prices, Twitter has launched a subscription service known as Twitter Blue, which supplies entry to a number of premium options and requires customers to pay to entry them. In India, the subscription prices Rs 999 for iOS customers. The firm intends to introduce the service to Android customers within the nation as effectively, with a beginning value of Rs 900.Â
FAQ
1. Why is Twitter shedding employees throughout departments?
Twitter is reportedly shedding employees as a part of its cost-cutting measures to enhance income and streamline operations. The firm has carried out a number of rounds of layoffs globally since November 2022, affecting varied departments.
2. What is Twitter Blue and why is it being launched?
Twitter Blue is a paid subscription service that gives customers with entry to premium options on the platform. It is being launched in India as a part of Twitter’s efforts to generate higher income. The service is at the moment obtainable to iOS customers in India at a price of Rs 900, and is predicted to roll out to Android customers quickly.
