Twitter has been laying off employees in various departments since November last year and the massive layoffs are continuing. Recent reports indicate that the company has laid off several employees in sales and other teams. According to a report, the move to lay off more employees is part of Twitter’s efforts to reduce costs and streamline operations.
Reports suggest that the employees of the sales team were laid off last week itself. The exact number of employees affected by the most recent round of layoffs is not yet known, although reports suggest that as of January 2023, Twitter had approximately 800 individuals working in sales and marketing roles. The area is currently unexplored.
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In another cost-cutting move, Twitter recently closed two of its three offices in India and directed its employees to work remotely. This comes in addition to several rounds of layoffs that have taken place over the past few months. In fact, last year around 200 employees in India received termination letters from the company. Twitter is implementing these measures in global regions to improve its revenue stream and reduce costs.
In addition, Twitter CEO Elon Musk has removed several key benefits that were previously available to Twitter employees. These perks included welfare allowances, free home internet, daycare and other similar benefits.
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To recover the cost, Twitter has launched a subscription service called Twitter Blue, which provides access to several premium features and requires users to pay to access them. The subscription price for iOS users in India is Rs 999. The company also intends to launch the service for Android users in the country with a starting price of Rs 900.
general question
1. Why is Twitter laying off employees across departments?
Twitter is reportedly laying off staff as part of cost-cutting measures to improve revenue and streamline operations. The company has implemented multiple rounds of layoffs globally from November 2022, affecting various departments.
2. What is Twitter Blue and why is it being launched?
Twitter Blue is a paid subscription service that gives users access to premium features on the platform. It is being launched in India as part of Twitter’s efforts to generate better revenue. The service is currently available for iOS users in India at a price of Rs 900, and is expected to launch soon for Android users.