Twitter India head Rishi Jaitly quits

In his series of tweets even though he held back his next venture, he mentioned that he is moving to Chicago

Twitter India head Rishi Jaitly quits

In an end to four years of leadership, Twitter India Head Rishi Jaitly tweeted his departure from the social networking giant.

In a series of tweets on Tuesday November 1, Jaitly wrote: “Today, after four years of user/business momentum in India and the region, I’m sharing my intention to move on to new opportunities, same mission.”

“Building/leading @TwitterIndia, and expanding @TwitterMedia across Asia Pacific & Middle East, was the leadership experience of a lifetime,” he added.

In his series of tweets even though he held back his next venture, he mentioned that he is moving to Chicago. “While a personal/civic calling takes me to Chicago, I’ll spend significant time in India/Asia, drawing on my past to further tech's promise,” he wrote.

Reportedly, before his venture with Twitter, he had been a director with American firm Knight Foundation—a foundation that invests in journalism and liberal arts.

However, it is to be noted that this sudden departure comes barely a week after Twitter Inc reported a sharp slowdown in revenue growth and announced job cuts. In a report of Reuters on Thursday, it said that company has announced to cut 9% of its global workforce, affecting more than 300 employees as part of a broader restructuring.

Following Jaitly’s announcement, Twitter India issued an official statement which said, “We thank Rishi Jaitly for his contributions, entrepreneurship and leadership over the past four years at Twitter. He was our first person on the ground to bring Twitter into the high-growth Indian market. He has created bold, strategic partnerships to enter and grow new markets for Twitter; and has successfully built up our Media Partnerships teams across the Asia Pacific and Middle East.”

It added, “There will be a smooth transition as his last day is in late November after which he will move back to the US, but will remain engaged in India, as he pursues new opportunities to harness the power of technology and scale of mass media to empower voices, particularly in emerging markets. We wish him all the best and will continue to invest in these important regions to make Twitter the best way to see what’s happening right now around the world.”