Twitter is getting evicted from its Colorado office over unpaid rent
The judge sided with the landlord and has given Twitter until the end of July to vacate.
This is a unique scenario, as Twitter didn’t pay traditional rent for the office. Instead, it was provided a letter of credit worth $968,000 back in 2020, using this credit to pay the landlord. However, the line of credit ran out a few months back and Twitter failed to make any additional payments. Reports indicate that the office is still active, with around 150 in-person employees, down from 300 at its peak.
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