Big Tech’s global efforts to pare costs are in full flow in India.
Google has reportedly laid off 453 employees in India as part of its global move to reduce its headcount by 12,000. The move came late yesterday (Feb. 16) night. CEO Sundar Pichai had mailed employees taking “full responsibility for the decisions that led us here,” The Hindu reported today citing sources.
Elon Musk-led Twitter has, meanwhile, reportedly shut down two of its three offices in India, asking its staff to work from home. Last year, the microblogging platform retrenched 90% of its staff in the country, leaving only a dozen on the payroll. The struggling social media company is looking to slash costs and keep its balance sheet in the black.