Twitter is being sued by its landlord for ducking out on rent for its downtown San Francisco headquarters, where the platform reportedly went through heavy cost-cutting under latest CEO Elon Musk.
The corporate owes $136,260 in unpaid rent, in keeping with the lawsuit filed Thursday by Columbia Property Trust.
Twitter’s freeloading was reported early last month by the Recent York Times, which wrote Musk and his advisors hoped to renegotiate terms of lease agreements after mass layoffs.
The downsizing has already begun.
Twitter closed its Seattle offices, The Times reported Friday — cutting janitorial and security services. Employees were left bringing their very own toilet paper to work, in keeping with the report.
Musk purchased Twitter for $44 billion in October and has been cutting costs ever since, amid what Musk admitted was a “massive drop” in revenue.
Cleansing and security staff were also laid off from the corporate’s Recent York and San Francisco offices, where employees struck for higher pay. In San Francisco, Musk condensed the corporate’s footprint at 650 California Street from 4 floors to 2, the Times reported.
Twitter’s San Francisco officers are situated within the Hartford Constructing at 650 California Street.Getty Images
On Christmas Eve, Musk ordered staff out to a knowledge center in Sacramento to shutdown key servers as a cost-cutting measuring, the Times reported.
Meanwhile, layoffs have continued, with cuts to the corporate’s infrastructure and public policy divisions last week, the report said.
Employees have been directed to delay paying contractors or vendors — including accountants and consultants working on key regulatory projects, the Times reported.
The corporate can be being sued for failing to pay almost $200,000 for personal charter flights made the week Musk took over.
Employees expect more layoffs to come back, the report revealed.
The corporate owes $136,260 in unpaid rent, in keeping with the suit filed Thursday by landlord Columbia Property Trust.Getty Images for The Met Museum/
Twitter didn’t return a request for comment regarding the brand new lawsuit.
Musk has pledged to step down from leading the corporate after conducting a poll on whether he should step down. A successor has yet to be chosen.
The multi-billionaire’s purchase of the social media company made him the primary person ever to lose $200 billion, a report found.