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Twitter was evicted from Boulder office for failing to pay rent

2025-04-07 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Xiao Zhan cut, Mr. Aviation's clue delivery! CTOnews.com, June 15 (Xinhua) the social media giant's office facilities have been in chaos since billionaire Elon Musk took over Twitter in October 2022.

Musk took extreme measures to cut costs, resulting in chaos in Twitter's office facilities, massive layoffs of employees and no one to pay the bills. One consequence was that Twitter was ordered to move out of its office in Boulder, Colorado, by the end of July because the company was three months behind on rent.

According to the Denver Business Magazine, Twitter provided its landlord, Lot 2 SBO LLC, with a letter of credit of $968000 in February 2020 in lieu of normal rent payment. But the money ran out in March 2023, and Twitter hasn't paid a penny since, owed about $27000 a month in rent (CTOnews.com Note: currently about 193000 yuan). The landlord took Twitter to court last month, and on May 31 the judge ordered the sheriff to assist him in evicting Twitter from his office.

It is not clear how many employees are still working in the office. Musk did not comment on the ruling and the new Twitter CEO Linda Yakarino did not mention it. She just took office this month and talked about building Twitter 2.0 in a memo to employees. When the reporter contacted Twitter, he only received an automatic reply email with only a poop emoji in it. This is the default response to media inquiries since Twitter's public relations department was laid off.

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