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Twitter faces lawsuit for non-payment of £136,000 rent on San Francisco headquarters
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By Nagasunder in Twitter/X News, posted January 3, 2023
Twitter is being sued over more than $136,000 of alleged unpaid rent on its headquarters in San Francisco.
The social media giant is said to owe $136,250 to the owner of the Columbia Reit - 650 California LLC building, which warned the firm that it would default on its rent if it’s not paid by December 21.
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Twitter signed a seven-year lease for the office space in 2017 and now occupies the 30th floor of the Hartford Building.
Twitter owner Elon Musk has undertaken severe cost-cutting measures after buying the platform for $44 billion.
The platform has reportedly failed to pay rent on any of its global offices in weeks, including its San Francisco headquarters.
Private Jet Services Group is also suing Twitter, claiming that the company declined to pay for two charter flights in October for $197,725.
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Musk has made a series of changes along with his cost-cutting efforts at the social media platform.
Previously he has implemented sweeping layoffs across every team and suspended COVID-19 misinformation rule enforcement.
He said last month that he will step down as CEO once he found someone to replace him following a Twitter poll.
Twitter did not respond to a request for comment.
Source: CBS News
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