Its operational revenue has increased nearly two folds in FY2021-2022 to Rs 157 crore, compared with the previous fiscal of Rs 86 crore.
Twitter is estimated to have fired more than 160 people out of a team of around 250 people in India, as per slack data observed by a couple of employees.
It’s part of the platform’s plan to cut 50% of its 7,500-strong workforce across the globe; all offices shut temporarily
The mass lay-offs in India come in conjunction with the mass firing of Twitter employees in the United States on Friday.
Twitter's counsel said the order by the Union government is a violation of the Supreme Court order which held that criticism can be made within the boundaries of the law.
Giving details of legal demands made from India, Twitter said a total of 3,992 (of 47,572 worldwide) requests to remove content from its platform were made from July-December 2021.
Hearing the petition filed by Twitter Inc, Justice Krishna S Dixit ordered notice to the Union of India and adjourned the hearing to August 25, 2022.
In a June letter, the IT Ministry had warned Twitter of strict action if it does not comply with some content takedown orders.
The document showed that the government requested to block tweets belonging to members of the Indian National Congress and Aam Aadmi Party, including MLA Jarnail Singh.
Former Twitter India head Manish Maheshwari, who launched edtech start-up Invact Metaversity just six months ago, has stepped down from the firm as its CEO and director.