Micro-blogging platform Twitter has decided to lay off a large chunk of its global engineering team based at its Bengaluru development centre.
Twitter is shutting down its Bengaluru development centre, amidst increasing scrutiny from investors because of falling revenue growth.
While the company has termed this a “normal business review”, the move translates into laying off of a majority of the 100-120 employees based out of Bengaluru.
The move comes after Twitter missed revenue estimates for the quarter ended June because of lesser than expected advertiser demand, while revenue growth fell for the eighth straight quarter.