Twitter India head Rishi Jaitly quits

Image
IANS New Delhi
Last Updated : Nov 01 2016 | 5:49 PM IST

Micro-blogging website Twitter's India head Rishi Jaitly on Tuesday took to Twitter to announce that he has quit the company.

"Today, after 4 years of user/business momentum in India & the region, I'm sharing my intention to move on to new opportunities, same mission," Jaitly tweeted.

Jaitly drove strategic partnerships with the news, government, entertainment, sports, TV industries, and others in the mass and emerging media landscape.

Jaitly was the Vice President of Twitter's Asia Pacific and Middle East North Africa business. He will leave the company at the end of November after four years of service.

Also Read

"Building/leading @TwitterIndia, and expanding @TwitterMedia across Asia Pacific & Middle East, was the leadership experience of a lifetime," said Jaitly in another tweet.

He joined Twitter from the Knight Foundation where he led investments in technology, media, and digital tools.

In a series of tweets, he said that "personal/civic calling" takes him to Chicago, US.

"I myself care deeply about the United States, India, emerging markets & intend to devote myself to building bridges in service of my mission," Jaitly said.

"My mission remains the same: harness tech/media's scale to connect users/citizens to their voice/agency/leadership in places they care about," he tweeted.

Jaitly said he will also spend significant time in India/Asia, "drawing on my past to further tech's promise".

In a bid to realign its future goals and cut costs, Twitter recently reduced nine per cent of its workforce (nearly 350 people) globally.

"We have a clear plan, and we are making the necessary changes to ensure Twitter is positioned for long-term growth," CEO Jack Dorsey said in a statement earlier.

Last year, Twitter cut 300 jobs after Dorsey took over as CEO full-time.

Twitter had 3,860 employees as of June 30 this year and paid out $168 million in stock-based compensation in the second quarter.

Earlier this month, Twitter's last potential buyer Salesforce decided not to make a bid to buy the micro-blogging website.

Salesforce CEO Marc Benioff told the Financial Times that he has "walked away" from making a bid to buy Twitter.

Earlier, Google, Apple and Walt Disney also decided not to bid for the website.

--IANS

anuj/gb/vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 01 2016 | 5:42 PM IST

Next Story