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‘Heavy cost cutting’: Twitter sued for not paying rent 

January 2, 2023
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Twitter continues to remain in the news, mostly for wrong reasons, ever since Elon Musk took over as its CEO.

Twitter is now 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 new CEO Elon Musk.

The New York Post reported that the company owes $136,260 in unpaid rent, according to the lawsuit filed Thursday by Columbia Property Trust.

Twitter’s freeloading was reported early last month by the New York Times, which wrote Musk and his advisors hoped to renegotiate terms of lease agreements after mass layoffs.

Twitter closed its Seattle offices, The Times reported Friday — cutting janitorial and security services. Employees were left bringing their own toilet paper to work, according to 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.


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