Twitter's headquarters in San Francisco.

(Associated Press)

[Financial Channel/Comprehensive Report] After Elon Musk took control of Twitter, he reorganized some departments of Twitter and carried out various measures to reduce costs. The rent of the office is mainly to reduce costs, and Twitter is renegotiating the terms of the lease with the landlord.

As a result, Twitter was sued by landlords, such as Shorenstein, the real estate investment firm that owns the Twitter building in San Francisco, The New York Times reported.

Representatives for Shorenstein and Musk did not immediately respond to requests for comment.

Please read on...

In addition, the report also said that Musk is considering taking measures such as not paying severance pay to former employees to reduce costs.

Musk threatened employees with lawsuits if they spoke to the media and acted against the company's interests, according to internal emails.

Musk did not respond to a request for comment.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news