Twitter, owned by the multi-billion dollar tech magnate Elon Musk, has been served court documents signed by a judge giving law enforcement 49 days to evict Twitter from the Colorado offices.
In May the landlord took the issue to court, and the eviction papers were signed by a judge on May 31st, meaning the eviction will happen before the end of July.
This news comes after a swath of reports of other unpaid bills, suggesting there could be chaos behind the scenes at the social media firm.
What is Happening at Twitter’s Boulder Office?
The 65,000sq-ft Boulder office once had 300 employees working out of it, however, it is now uncertain who still works there. Due to mass layoffs, firings and resignations it is reported that less than half that number of employees still work there, if any.
The landlord of the office in question, 3401 Bluff St in Boulder, gave Twitter a $968,000 letter of credit back in February of 2020. Subsequent rent payments were deducted from this credit instead of making normal rental payments, according to the Denver Business Journal.
The credit ran out in March 2023 and no payments have been made to the landlord since. It’s thought that the rental value of this office is around $27,000 per month, giving a sense of the sum owed by Twitter. The case number for the eviction is 2023CV30342 in Boulder District Court.
According to the report, in the course of gathering the details of the eviction case, a separate case was discovered of an unpaid bill amounting to $93,504 in unpaid fees to a cleaning company.
Twitter in Turmoil
This latest eviction notice is just more bad news for Musk in a string of bad press for the company since his controversial takeover in October 2022.
Despite Musk announcing Linda Yaccarino as the new Twitter CEO in May, who recently revealed her vision for “Twitter 2.0”, the social media platform has had a difficult time of late.
The company has experienced a 59% ad sale slump year-on-year and a $30 billion drop in valuation in under a year. As well as controversy surrounding his decision to slash parental leave from 20 to just two weeks.
It is reported that since Elon Musk bought Twitter, its workforce dropped by a staggering 80%. This is due to layoffs, firings and voluntary resignations, culling around 6,000 employees in total.
Twitter’s Ongoing Lawsuits
In addition to the Boulder office eviction and unpaid cleaning fees, Twitter is now facing numerous lawsuits and other legal actions on behalf of some of the 6,000 ex-employees.
Notably, ex-CEO Parag Agrawal, ex-legal head Vijaya Gadde and ex-CFO Ned Segal, who have sued the social network over alleged unpaid legal reimbursements.
Twitter is also involved in a legal battle in Germany, where authorities are seeking to fine Twitter over failing to remove hate speech contrary to law.
