Twitter hasn’t had an annual profit since 2019, and Musk voiced plans to increase profitability following his takeover. He started the initiative with widespread cost-cutting to both staff and expenses.
The company is being sued by the landlord of its San Francisco headquarters for not paying rent, multiple outlets reported on Monday. Twitter owes roughly $136,260 in unpaid rent, according to the lawsuit.
And it’s not just the San Francisco HQ facing trouble for ducking out on bills.
News of Twitter’s failure to pay rent on its offices first came to light in mid-December when The New York Times reported that the company had ceased paying rent and hoped to renegotiate the terms of its leases.
Twitter’s Seattle office is reportedly facing eviction, according to NYT, and after janitorial and cleaning services were cut off, some employees reported having to bring their own toilet paper to work.
Similar measures of extreme cost-cutting have occurred at the company’s New York and San Francisco offices, where security and cleaning staff were laid off before the new year.
Neither Twitter nor Musk has commented on the lawsuit filed by its San Francisco landlord. Since he acquired Twitter, Elon Musk has become the first person to ever lose $200 billion.