Twitter Facing Eviction from Colorado Office Due to Unpaid Rent
Once again, the ongoing discussion about Twitter’s decline continues with news that a judge has ordered the company to leave its Boulder, Colorado office due to unpaid rent amounting to more than $75,000 over three months. TechCrunch first reported the story, and the Denver Business Journal revealed that the landlord took Twitter to court, resulting in the judge’s decision to give the company until the end of July to vacate the premises.
This is a unique scenario, as Twitter did not pay traditional office rent. Instead, it was provided with a letter of credit worth $968,000 in 2020, which credit was used to pay off the landlord. However, the credit line ran out a few months ago, and Twitter failed to make additional payments. Reports indicate that the office is still active, with about 150 employees, down from a peak of 300. The company’s San Francisco landlord is also suing the company for unpaid rent. In related news, Elon Musk has called for an end to remote work, but that’s likely to be difficult without office space.
TechCrunch uncovered another Colorado lawsuit against Twitter, as a local cleaning company claims the social media site failed to pay its bills, totaling nearly $100,000 for services performed. Former employees are also suing the site for more than $1 million in unpaid legal fees, and the city of San Francisco is investigating possible building code violations at its headquarters. Other lawsuits targeting Twitter point to, among other things, the jailing of a Saudi dissident and abuse of FTC-based rules and regulations.
Twitter disbanded its press department and trust and safety council, so no one can be reached for comment.
