Twitter sued for non-payment of office rent

24 January 2023, 16:20 | Technologies 
фото с Зеркало недели

Twitter was sued in two countries at once for non-payment of office rent in London and San Francisco. The lawsuits were filed by Crown Estate in the UK and its representative office in San Francisco, Bloomberg reports citing court documents..

It is noted that the Crown Estate manages a number of assets that are ultimately associated with the British royal family.. She filed a lawsuit over her West End premises. Other details about the case were not disclosed, the company itself declined to comment, but confirmed the filing of a lawsuit..

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Twitter also stopped paying rent for its San Francisco headquarters in December, according to the lawsuit.. So, in December he owed 3.36 million dollars, and in January - 3.42 million.

Ever since Elon Musk bought Twitter, he's been cutting costs for the company. So, he laid off half of the employees, did not pay rent for other company offices around the world, and refused to pay some unpaid bills, such as a plane charter.. The publication notes that these costs are related to the fact that Musk is facing the first payment on the $12.5 billion debt he took on to acquire Twitter..

Recall that Musk set a world record for losing the largest personal fortune in history.. According to the Guinness World Records blog, from November 2021 to December 2022, Musk lost about $165 billion..

Источник: Зеркало недели