New Delhi: A major blow for Twitter as the micro-blogging platform is being evicted from its Colorado office. A US court has ordered Elon Musk-run Twitter to vacate an office building for non-payment of rent, according to a report in the Denver Business Journal.
Why is Twitter being escorted out of its office?
According to a report, the landlord of Twitter’s offices was provided with a letter of credit of $968,000 in February 2020. The money ran out in March and the micro-blogging platform has not paid the rent since then, which is around $27,000 a month. According to the documents, the judge has ordered the Boulder sheriff to return possession of the Twitter office to the landlord, the report said.
Last month, the landlord took the case against Twitter to court and the judge ordered that Twitter must vacate the premises in the next 49 days, which means the company will be evicted by the end of July.
More than 300 laborers used to work in this building.
Before the mass layoffs, at least 300 employees worked in Twitter’s Boulder offices. The company was sued in January after it failed to pay $136,250 in rent for its office space in San Francisco. Earlier in February, Twitter had closed two of its three offices in India and asked its employees to work from home. The company has also closed its Singapore office.