Twitter India head Rishi Jaitly quits amid slowdown, job cut worries
Twitter is said to cut 9% of its global workforce, affecting more than 300 employees as part of a broader restructuring, according to a media report last week
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Bengaluru: Twitter Inc.’s India head, Rishi Jaitly, announced that he is leaving the company after four years in a series of tweets earlier on Monday.
Last August, Jaitly was also appointed as the vice-president of media for Asia-Pacific and Middle East North Africa markets at Twitter.
“Today, after 4 years of user/business momentum in India and the region, I’m sharing my intention to move on to new opportunities, same mission. Building/leading Twitter India, and expanding Twitter Media across Asia Pacific & Middle East, was the leadership experience of a lifetime,” Jaitly tweeted.
“My mission remains the same: harness tech/media’s scale to connect users/citizens to their voice/agency/leadership in places they care about. I myself care deeply about the United States, India, emerging markets & intend to devote myself to building bridges in service of my mission,” he added.
Jaitly went on to tweet that while a personal/civic calling is taking him to Chicago, he will spend significant time in India/Asia, drawing on his past to further technology’s promise.
Before joining Twitter, Jaitly was a director with American firm Knight Foundation—a foundation that invests in journalism and liberal arts.
The news comes barely a week after Twitter Inc reported a sharp slowdown in revenue growth and announced job cuts. The company said it would cut 9% of its global workforce, affecting more than 300 employees as part of a broader restructuring, Reuters reported last Thursday.
“We thank Rishi Jaitly for his contributions, entrepreneurship and leadership over the past four years at Twitter. He was our first person on the ground to bring Twitter into the high-growth Indian market. He has created bold, strategic partnerships to enter and grow new markets for Twitter; and has successfully built up our Media Partnerships teams across the Asia Pacific and Middle East,” Twitter said in its official statement about Jaitly’s announcement.
“There will be a smooth transition as his last day is in late November after which he will move back to the US, but will remain engaged in India, as he pursues new opportunities to harness the power of technology and scale of mass media to empower voices, particularly in emerging markets. We wish him all the best and will continue to invest in these important regions to make Twitter the best way to see what’s happening right now around the world.”