#Twitter will shrink global office space to remote work# According to news from Bloomberg and other media on July 27, local time, Twitter, which lost $270 million in the second quarter, is reducing global office space and turning to remote work to cut costs. According to an email sent to employees by Twitter, the company will scale back its offices in cities including San Francisco, New York, Sydney, and shelve plans to open offices in the Oakland Bay Area while planning to close Seoul, Wellington, Osaka, Madrid after the lease period. , Hamburg, Utrecht and other cities, while offices in Tokyo, Mumbai, New Delhi, Dublin and New York will also shrink. Twitter said the closure of certain offices will not result in layoffs, and employees will transition to a full-time remote work model. In 2020, Twitter announced that employees could choose to work remotely permanently.