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Elon Musk shuts Delhi, Mumbai Twitter offices as social media firm cuts costs

The closure of the two offices in key locations in India comes as the platform has initiated massive cost cutting drive globally, after billionnaire Elon Musk's USD 44 billion takeover of Twitter, last year.

Amid layoffs and a severe cost-cutting, Elon Musk has now closed Twitter offices in Delhi and Mumbai. As per reports, the Musk-led social media company have asked its staff to work from home. However, the micro-blogging platform's Bengaluru office that largely has engineering staff remains operational.

Elon Musk shuts Delhi, Mumbai Twitter offices as social media firm cuts costs

The Delhi and Mumbai offices shuttered a few weeks ago, with remaining staff now working from home, PTI qoted sources as saying. However, the number of employees affected by the move could not be immediately ascertained. A mail sent to Twitter on the issue, did not elicit a response.

The closure of the two offices in key locations in India comes as the platform has initiated massive cost cutting drive globally, after billionnaire Elon Musk's USD 44 billion takeover of Twitter, last year.

The firm downsized from more than 7,000 people to 2,300 active employees across the globe -- the mass-layoffs began with firing of CEO Parag Agrawal as well as the CFO and many other high ranking leaders last year.

In the retrenchments that followed, Twitter fired the majority of its over 200 employees in India as well. Only a handful were spared as layoffs culled roles across engineering, sales and marketing, and communications teams.

The US-based social media platform, in an internal e-mail to employees in early November said, ''in an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce...''

There has been chaos in Twitter with nearly several employees being relieved and closed offices around the world, indicating that he may be deprioritizing the Indian market for now. In India too top executives have been sacked. When Musk took over Twitter last week, he had fired, CEO Parag Agrawal, Chief Financial Officer Ned Segal, and legal affairs and policy chief Vijaya Gadde.

The billionaire CEO Elon Musk has even hinted at the possibility of Twitter going bankrupt and has cited a "massive drop" in revenue as advertisers flee due to concerns about the platform's ability to filter out undesirable content.

Musk had acquired Twitter last week in culmination of a $44 billion deal. The deal was however mired in controversy for several months, before the final takeover happened.

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