Twitter to lay off less than 20 employees at India centre
- Rahul Dravid duped of Rs4 crore by ponzi firm, files police complaint
- Death of Iran’s nuclear deal could set oil bulls loose
- Aramco is said to get cool response on IPO from US investors
- WTO ministerial meet: 50 nations to take up global trade issues
- Uber, Ola drivers threaten indefinite strike in Delhi, Mumbai from Monday
Twitter Inc. said on Monday it will lay off some employees and halt engineering work at one of its development centres in India’s technology hub Bengaluru.
The layoffs will impact less than 20 employees at the development centre, according to a source familiar with the matter.
The employees were part of ZipDial, an Indian mobile communications start-up bought by Twitter last year, the source said.
Also Read: Social media will shape the future of news
“Over the past 18 months, we have incorporated the technology and talent of our ZipDial acquisition across our company,” said a company spokesperson.
Twitter said it remained committed to India as a strategic market and would continue to maintain a presence in the city.
The company had 3,860 employees globally as of June 2016. However, it did not disclose the number of employees it had in India. Reuters