Elon Musk Net wealth come down 200 billion Dollar as investors left Tesla’s shares out of fear that the world’s most valuable electric-vehicle manufacturer’s CEO and largest shareholder is more busy with Twitter. The data so far this year shows that Tesla’s shares have fallen by more than 50 percent. In the last five sessions, he fell about 15 percent.
According to some reports, the billionaire allegedly sold 19.5 million Tesla shares on Tuesday due to Elon Musk Net wealth come down 200 billion Dollar, which is slightly lower than USD 4 billion. The shares in his electric vehicle company formally took up microblogging a few days after the social media platform Twitter handled the social media platform.
After Musk accusation Twitter for US $ 44 billion, there is a lot of changes in social media platforms. Twitter is being trimmed from its large scale. Soon after the acquisition by Musk, CEO of Twitter Parag Aggarwal, were shown the way out from Twitter. After this, a large number of employees have been trimmed.
It is being told that the retrenchment has affected the ‘important part’ of the Indian team. Some media believe that Twitter has fired most of its employees working in India. The company has sacked the entire team of many departments in India.
According to the sources Twitter have have faced lots of reaction from India. According To Many Sources lots of Indian Employees affected by Fired from Twitter . The Exact Reason of Layoff is not been informed to the public by twitter. However some report suggest Twitter is restructuring its business operation in India as part of the Global effort to streamline its workforce and improve efficiency
Twitter Has Been expanding rapidly In India for its political discourse and social activism. Companies has invested lots for Operation in India. building its team with with talented employees. and developing partnership with local organizations. despite its Growth and popularity In India Twitter has face lots lots of Political challange, censorship issue and much more.
Recent Layoffs Twitter’s employees From Indian Twitter faced lots of criticism from employees, users and many advocacy Group. Many of the political people believe that the twitter is a platform where they have right to express their opinion . but recent layoffs Indian employees from twitter have chilled their activities.
Critics of the layoffs have also raised their voice about that impact on the affected employees, who may now struggle to find work in a difficult job market after their layoffs . Many have expressed solidarity with the affected workers and called on Twitter to reconsider this matter and give support to those who have lost their jobs.
Despite the criticism, Twitter has not expressed any particular explanation for reason behind layoffs, and it remains unclear what the company’s plans are for its Indian operations going forward. Some reports suggest that Twitter may now want to be shifting its focus to other markets in the region, such as Indonesia and the Philippines, where it has seen significant growth in recent years.
the recent layoffs at Twitter in India have sparked a heated debate about the role of technology companies in the country and the impact of their operations on the rights and freedoms of citizens.
Twitter didn’t provide any clear explanation for the layoffs, but it’s likely part of the company’s larger effort to streamline operations and improve efficiencies. But the impact of these layoffs on affected employees and the general public remains, and it’s clear that India’s Twitter controversy isn’t over.
Employees working for several years in Twitter are said to be shocked and devastated after listening this layoffs news.
Leave a Reply