Twitter has not paid the rent for its offices for several weeks

If we had to choose a piece of music to broadcast right now on Twitter locales, it would always be “Money, money, money” by ABBA. After laying off a large majority of its staff, auctioning off some of its supplies, or even changing the menus in the dining rooms, new budget cuts are looming in Elon Musk’s company.

According to information from New York TimesTwitter would have stopped paying the rent for its headquarters in San Francisco, but also for its various locations around the world, and this for several weeks.

Several hundred thousand dollars in unpaid bills

The reason for these pending payments is not solely due to the budget cuts implemented by Twitter. Elon Musk would be in full renegotiation of the terms of the different leases of his premises.

And while the amount of San Francisco’s rent isn’t known, the outstanding bill is likely to be substantial. Real estate in the West Side city is some of the most expensive in the country. And with Franciscan premises several thousand square meters in size, it’s hard to imagine affordable rent, even at a discount.

But beyond the unpaid rent, other bills would also have gone unpaid. Twitter and Elon Musk reportedly refused to pay the bill for a $197,725 private jet. These round trips would have occurred the week of the billionaire’s acquisition of Twitter.

chain layoffs

While waiting to settle their accounts, Twitter continues at the same time carrying out massive layoffs. A few days ago, several hundred employees had (once again) the unpleasant surprise of discovering that they had been made redundant.

In doubt, the fact that they haven’t checked their mailbox over the weekend. In fact, Elon Musk had sent a message on Saturday to all of his remaining employees forcing them not to speak to the media. The employees had until 5:00 p.m. to return a signed confidentiality clause, according to the Platformer media. Therefore, employees who did not respond to the email were fired on the spot. Some discovered it when trying to log into their professional Slack account.