Human Resources



Empty office space, hr

Twitter Inc. layoffs in Hong Kong as business moves to Singapore

Human Resources magazine and the HR Bulletin daily email newsletter:
Asia's only regional HR print and digital media brand.
Register for your FREE subscription now »

Most of the staff at Twitter Inc.’s Hong Kong office are likely to lose their jobs. As part of a global restructuring, the company is moving its business to Singapore.

The expected job cuts were first reported by Hong Kong Free Press, who spoke to a source at the company. Although the source denied the office would completely close down, and would not comment on layoffs, it did confirm that all of Twitter’s advertiser sales support and media partnership operations would move to Singapore.

The source added that China managing director Kathy Chen would stay on.

Twitter opened the Hong Kong branch in March 2015 to serve as the head office for the Greater China region in hopes of growing its business in Asia. Around the same time, the company opened its Asia Pacific headquarters in Singapore and announced plans to add over 100 jobs across the Asia Pacific region.

Now, the company is struggling. Last week, it announced it would be cutting 9% of its workforce, as it tries to cope with dwindling revenue growth.

According to the source, despite moving most of its operations to Singapore, the Greater China remains an important part of Twitter’s network as one of its largest and fastest growing regions in the world.

ALSO READ: Twitter’s new APAC headquarters feels just like home

Photo / 123RF

HR Masterclass Series: High-level HR strategy training workshops
with topics ranging from Analytics, to HR Business Partnering, Coaching, Leadership, Agile Talent and more.
Review the 2020 masterclasses here »

Read More News


Leave a Reply

You must be logged in to post a comment.