Twitter Inc. is cutting back on its physical office space in several global markets as the company cuts costs and leans further into remote work.
According to a report from Bloomberg, Twitter will significantly decrease its corporate presence in San Francisco and has cancelled plans to open an office in nearby Oakland, Calif. It’s also considering closing several global offices, including those in Madrid, Seoul and Sydney.
Read: Amazon, Meta reassessing office expansions to accommodate hybrid work arrangements
These changes won’t result in any job losses, said Dalana Brand, Twitter’s chief people office, in a press release. She noted if certain offices were to close, employees would simply transition to working from home full-time. In 2020 during the onset of the coronavirus pandemic, the media company announced it would allow employees to work from home “forever”.
These cutbacks come after other major companies such as Amazon and Meta have made similar decisions regarding office expansions.
Read: Twitter to allow employees to work from home ‘forever’