In yet another episode highlighting Twitter’s ongoing struggles, the company has been served an eviction notice for its Boulder, Colorado office after failing to pay rent for three consecutive months. The unpaid rent amounts to a staggering sum of over $75,000, as initially reported by TechCrunch. Following legal action taken by the landlord, the court ruled in favor of eviction, granting Twitter until the end of July to vacate the premises, according to the Denver Business Journal.
This situation is particularly noteworthy because Twitter did not follow the conventional route of paying regular rent for the office. Instead, in 2020, the company was granted a letter of credit worth $968,000, which it used to settle its obligations to the landlord. However, this line of credit expired a few months ago, and Twitter neglected to make any further payments. Despite the eviction order, reports indicate that the office is still operational, albeit with a reduced workforce of approximately 150 in-person employees, down from its peak of 300. Moreover, Twitter’s landlord in San Francisco has also filed a lawsuit against the company for unpaid rent.
Adding to Twitter’s legal woes, TechCrunch has discovered another lawsuit from a Colorado-based cleaning company alleging that the social media platform has failed to compensate them for their services, amounting to nearly $100,000. Furthermore, former employees have initiated legal action to reclaim over a million dollars in unpaid legal fees, and the city of San Francisco is currently investigating potential building code violations related to Twitter’s main headquarters. Several other lawsuits targeting Twitter cite concerns such as the treatment of a Saudi dissident and mishandling of Federal Trade Commission (FTC) regulations.
Notably, Twitter has disbanded its press arm and its trust and safety council, leaving no official spokespersons available for comment on these matters.
Frequently Asked Questions (FAQs) about eviction
Why is Twitter facing eviction from its Colorado office?
Twitter is facing eviction from its Colorado office due to unpaid rent totaling over $75,000. The company had been provided a letter of credit to cover the rent but failed to make additional payments when the credit expired.
How long does Twitter have to vacate the office?
Twitter has been given until the end of July to vacate the office as per the court’s ruling.
Are there any other legal issues faced by Twitter?
Yes, Twitter is facing additional legal issues. It is being sued by a cleaning company for unpaid bills and former employees are suing the company to reimburse unpaid legal fees. Furthermore, the city of San Francisco is investigating potential building code violations related to Twitter’s main headquarters.
Is the Colorado office still operational?
Despite the eviction notice, reports indicate that the Colorado office is still active with around 150 in-person employees, although the workforce has significantly reduced from its peak of 300.
More about eviction
- TechCrunch: Twitter facing eviction from Colorado office over unpaid rent
- Denver Business Journal: Twitter evicted from Boulder office due to unpaid rent