Month: November 2022

Twitter splurged money on lavish offices,so was making a loss

In addition to paying very high salaries to employees, often exceeding Rs 25 lakh, one of the reason why Twitter was making a loss, was that it splurged a lot of money on lavish offices for its employees, especially in India
In one photo published in the mainstream media, an ex-employee Yash Agrawal was shown holding a yellow cushion and blue cushion in each hand.
Each cushion was embossed with the twitter logo, which would have been an additional cost.
When the company was making a loss, they could have used cheaper plain cushions instead of wasting money on office decor