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After massive layoffs, the microblogging platform Twitter vacating its flexible office space in India.
People aware of the matter said that the company has taken the initiative to vacate the seat. Mumbai According to this we work arrangement and is serving a notice period of three months. twitter has also given up tec space Feather a horizon Will vacate seats in Gurgaon and there.
The people cited above said that the total number of vacant seats around the two centers would be around 150.
He said that the remaining employees of Gurgaon TEC Center have been shifted to Mehrauli TEC Center in Delhi. The company’s marketing and policy teams are working from this centre.
The company has terminated its entire communication team in India. An email sent to press@twitter(dot)com did not elicit any response till the filing of this report. WeWork and TEC also did not respond to emails seeking comment by the time of going to press.
Some former employees said they had heard rumors of the company vacating these positions.
A person with knowledge of the matter said, “Looking at what is happening on Twitter globally, some additional seats may come by March.”
Earlier this month, according to media reports, Twitter had shut down entire teams in India and may have laid off around 180 of its 230 employees in India. The layoffs were spread across the content, partnerships, content curation, sales and social marketing teams. According to previous reports, very few employees had received survivor emails.
According to Knight Frank India’s India Real Estate Update report, the commercial The office sector registered a seven-quarter high in leasing volumes in the third quarter of this year. The transaction volume across the top eight cities in India stood at 16.1 million sq ft during the quarter.
The co-working or managed office sector witnessed maximum growth in share of total transactions at 23% as against 6% in Q3 of 2021. As per the report, the transaction volume by this sector increased by 380% year-on-year.
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