Twitter faces lawsuits over unpaid rent for US HQ, UK office
More landlords are taking Twitter to court over unpaid rent at the social media company’s headquarters in San Francisco and its British offices — the latest legal headaches for billionaire owner Elon Musk, who has been trying to slash expenses.
Twitter is facing a lawsuit over allegations it failed to pay rent for its head office, according to California court documents. The owner of its premises in central London, meanwhile, said it’s taking the company to court over rental debt.
Musk is making extreme cost cuts after his $44 billion deal last year to buy Twitter left the company on the hook for about $1 billion a year in interest payments.