Twitter is facing a lawsuit from its landlord, Columbia Property Trust, for failing to pay rent for its San Francisco headquarters. According to the lawsuit filed on Thursday, the company owes $136,260 in unpaid rent. This news comes as Twitter undergoes significant cost-cutting measures under the leadership of new CEO Elon Musk.
The New York Times reported last month that Musk and his advisors were hoping to renegotiate the terms of lease agreements after mass layoffs at the company. As part of these efforts, Twitter has already closed its Seattle offices and laid off cleaning and security staff in its San Francisco and New York offices. Employees in San Francisco have also gone on strike to demand higher pay.
In addition to the unpaid rent, Twitter is also being sued for failing to pay almost $200,000 for private charter flights that were taken the week Musk took over as CEO. The company has also reportedly directed employees to delay paying contractors or vendors, including accountants and consultants working on key regulatory projects.
The cost-cutting measures at Twitter have led to speculation about further layoffs at the company. A report by the New York Times suggested that employees are expecting more job cuts to come. Twitter did not respond to a request for comment on the new lawsuit.
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