Musk sued for refusing to pay Twitter office rent It is learned that the world's richest man Musk has been sued for refusing to pay rent for Twitter's offices. According to court documents filed in a state court, Columbia Property Trust (although Columbia Property Trust), the owner of the Hartford Building where the social network's headquarters is located in San Francisco, California, has sued the company for not paying rent for several months and owes more than $130,000. According to Bloomberg, Columbia Property Trust notified Twitter on December 16, warning it that it must pay by December 21 or it would violate the terms of the lease. Twitter has not paid its rent despite Columbia Property Trust's warnings, and the landlord can now legally file an eviction lawsuit and seek damages from Twitter for breach of contract. The New York Times pointed out that Twitter not only stopped paying rent for its San Francisco headquarters, but also stopped paying rent for other offices around the world. This is part of a strategy to cut expenses in the face of the company's poor economic situation since Musk acquired the company. Musk spares no effort to cut costs Musk also faces a lawsuit from Private Jet Services Group after he refused to pay $197,725 for private flights for some executives in his first weeks in office. In addition, employees have been ordered to delay payments to contractors or vendors, including accountants and consultants working on critical regulatory projects. Since taking over Twitter in October 2022, Musk has begun to cut costs on a large scale, including firing more than half of the company's employees, cutting employee benefits, and canceling cafeteria services. Musk doesn't even want to pay for office cleaning services. Employees said that the office was uncleaned and dirty, and they even had to bring their own toilet paper. Failure to negotiate a new contract with Flagship, the company responsible for outsourcing cleaning services, resulted in dirty bathrooms, food and body odor, turning the office into a dormitory for the company's "key" employees. Employees who were previously distributed on six floors now only work on two floors. Last week, Twitter fired the cleaning staff of its New York office because their demands for higher wages were not met, and also fired 10 members of the company's security team. Musk is trying to save about $500 million in non-labor costs, according to the report. Boring Company CEO Steve Davis, who reportedly sleeps at Twitter headquarters with his partner and their newborn baby, is overseeing the cost-cutting efforts. According to the cost-saving documents, some Twitter managers have been advised to take a "zero-based budgeting" approach to minimize spending. Editor ✎Estella/ Disclaimer: This article is copyrighted and may not be reproduced without permission. |
>>: Will the “inventory crisis” in the US retail market continue until 2023?
There are a lot of suggestions on optimizing Amazo...
In the course of operation, Amazon sellers, in add...
It is learned that according to foreign media repo...
With the development of technology, online fraud h...
Today, Amazon released an annual brand protection ...
According to a survey conducted by Ipsos, ShopeePa...
▶ Video account attention cross-border navigation ...
It is learned that as a cost-prevention adjustment...
1. Before the revision There are ten slots for vid...
Written in front Amazon implemented new warehouse...
On Amazon, there are spoofs from peers every year,...
The beginning of each year is a slow season for ma...
The employment situation this year is extremely se...
With only 7 days left before the new year, Amazon...
Dongguan Chengpai Network Technology Co., Ltd. is ...