Twitter is currently embroiled in yet another scandal, this time involving a disagreement about rent. After falling behind on its rent payments for three months, the firm was forced out of its premises in Boulder, Colorado. The eviction notice for the tech giant was given the judge’s approval and signature.
Twitter has experienced a significant increase in the number of claims of unpaid invoices ever since Elon Musk took over as CEO of the firm. According to the Denver Business Journal, the records submitted to the court have showed that a letter of credit in the amount of $968,000 USD was given to the landlord in February of 2020 who owns the building that houses Twitter’s headquarters in Boulder. The firm is currently behind on their rent since they ran out of money in March. At the end of May, following Twitter’s appearance in court, an eviction notice was delivered to the company.
It was estimated that there were around 300 workers at the Boulder office; but, due to terminations and departures, it is likely that the number has dropped to at least half of what it was. TechCrunch discovered another instance in which a cleaning firm is attempting to collect outstanding costs of $93,504 USD from the organization in question. Following Musk’s acquisition of the firm, a trail of unpaid bills has been left behind, which the incoming CEO will need to handle. The manner in which the corporation will respond to these allegations has not yet been determined.