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Kennah

(14,465 posts)
Fri Dec 30, 2022, 05:31 PM Dec 2022

Report: Twitter to close Seattle offices after company stops paying rent

Source: KIRO 7 (CBS affiliate)

Twitter has reportedly stopped paying rent at its Seattle office and now faces eviction, according to the New York Times.

The Times spoke with people familiar with the matter who said janitorial and security services were cut.

The apparent shutdown of the office coincides with a layoff notice sent in November by the Employment Security Department of Washington State. Worker Adjustment and Retraining Notification (WARN) notices are required in Washington when 100 or more employees will be affected by closures or layoffs.

On November 4, a notice affecting 257 Seattle Twitter employees said layoffs would start on January 4.

Read more: https://www.kiro7.com/news/local/report-twitter-close-seattle-offices-after-company-stops-paying-rent/3XS5IZW62RHOFFHISLOIY2VWVI/?utm_campaign=trueanthem&utm_medium=trueanthem&utm_source=facebook&fbclid=IwAR1i20_AqroKOXWsfU69P7jRyCYurZyqOO7rtQN_V-XJrDZtipzBjqE6BFs



Once they stop paying for the server centers, they are done
24 replies = new reply since forum marked as read
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Report: Twitter to close Seattle offices after company stops paying rent (Original Post) Kennah Dec 2022 OP
The beginning of the end I guess. ananda Dec 2022 #1
Nah, I'm sure EM thinks he can run the place all by himself. KatyaR Dec 2022 #5
But not from home!!! ret5hd Dec 2022 #6
I guess the term BumRushDaShow Dec 2022 #2
Stopping payment of office rent usually doesn't get you off the hook Jarqui Dec 2022 #3
I feel feel one of that sociopath's goals is to help undermine the economies of liberal cities deurbano Dec 2022 #4
Oh I see...you think he has a plan. ret5hd Dec 2022 #7
Yeah, that does seem to give him too much credit! But I think he's an agent of chaos, deurbano Dec 2022 #9
Thanks for taking it in the spirit it was intended. ret5hd Dec 2022 #10
I think you're both onto something here. Chaos is good, as long as the instigator is protected. erronis Dec 2022 #11
In the local SF newspaper they said he also wasn't paying rent for the headquarters in SF kimbutgar Dec 2022 #8
Where will he move headquarters? His mother's basement? LiberalFighter Dec 2022 #12
Corcoran Kennah Dec 2022 #14
Some think he might take Twitter to Austin womanofthehills Dec 2022 #22
Many of those people will get scooped up by bigger and better tech companies in Seattle. Renew Deal Dec 2022 #13
Twitter also closed the Sacramento server center. Mawspam2 Dec 2022 #15
Who needs redundancy &/or capacity when it comes to servers, right? NullTuples Dec 2022 #17
Perhaps he's poisoning the company with debt so nobody will want to buy it after it fails. NullTuples Dec 2022 #16
Musk emulating Deadbeat Donny Yo_Mama_Been_Loggin Dec 2022 #18
Musk is thinking of relocating twitter to the moon or possibly mars SouthernDem4ever Dec 2022 #19
to break a lease is not a popular thing for a business to do dembotoz Dec 2022 #20
The wealthy do not like the poors debating US politics..... wolfie001 Dec 2022 #21
What you said Kennah Dec 2022 #23
Cheers!!! wolfie001 Jan 2023 #24

KatyaR

(3,629 posts)
5. Nah, I'm sure EM thinks he can run the place all by himself.
Fri Dec 30, 2022, 06:15 PM
Dec 2022

After all, he's a GENIUS, how hard could it be?

Jarqui

(10,810 posts)
3. Stopping payment of office rent usually doesn't get you off the hook
Fri Dec 30, 2022, 05:52 PM
Dec 2022

from the lease/rental agreement financial obligations.

If the landlord was in violation, they would normally get a notice and some time to cure the violation.

Maybe they had a sweetheart handshake deal because they were Twitter ... but that is questionable because most years, Twitter lost hundreds of millions.

deurbano

(2,980 posts)
4. I feel feel one of that sociopath's goals is to help undermine the economies of liberal cities
Fri Dec 30, 2022, 05:59 PM
Dec 2022

by firing so many workers, not paying rent... etc.. The Twitter building on San Francisco also houses the Golden Gate Regional Center, a state contracted nonprofit that serves people with developmental disabilities, and I wonder if Twitter rent has helped underwrite a less onerous rent for that agency. In other words, I worry about some of the potentially widespread (but not necessarily on the radar) ramifications of the collapse of Twitter as a previously more responsible (comparatively!) corporate player.

deurbano

(2,980 posts)
9. Yeah, that does seem to give him too much credit! But I think he's an agent of chaos,
Fri Dec 30, 2022, 07:06 PM
Dec 2022

whether there's a fully thought out plan or not, and he would (at the very least) be quite happy to have that chaos negatively impact the "libs."

ret5hd

(22,148 posts)
10. Thanks for taking it in the spirit it was intended.
Fri Dec 30, 2022, 07:10 PM
Dec 2022

I was thinking “too snippy?” and then “nah, I’ll apologize later if I have to.”

erronis

(22,526 posts)
11. I think you're both onto something here. Chaos is good, as long as the instigator is protected.
Fri Dec 30, 2022, 07:14 PM
Dec 2022

Stir the pot and see what happens. Doesn't matter to these oligarchs (unless they fall out of high windows).

The financial penalties are minimal compared to their wealth and potential financial gains. And, if necessary, declare bankruptcy and let the little people pick up the pieces.

kimbutgar

(26,721 posts)
8. In the local SF newspaper they said he also wasn't paying rent for the headquarters in SF
Fri Dec 30, 2022, 07:03 PM
Dec 2022

But since downtown SF is mostly a ghost town I doubt he will be evicted.

Renew Deal

(84,652 posts)
13. Many of those people will get scooped up by bigger and better tech companies in Seattle.
Fri Dec 30, 2022, 09:44 PM
Dec 2022

Microsoft being the biggest of them all.

NullTuples

(6,017 posts)
16. Perhaps he's poisoning the company with debt so nobody will want to buy it after it fails.
Sat Dec 31, 2022, 02:43 AM
Dec 2022

(I still say he & his pro-fascist/dictator/monarchy investors bought it to destroy it)

SouthernDem4ever

(6,619 posts)
19. Musk is thinking of relocating twitter to the moon or possibly mars
Sat Dec 31, 2022, 08:19 AM
Dec 2022

the rent is cheaper there.

 

dembotoz

(16,922 posts)
20. to break a lease is not a popular thing for a business to do
Sat Dec 31, 2022, 08:26 AM
Dec 2022

do you trust a business that can not be trusted to pay their bills?

why i never understood why small businesses would do business with trump.
If there is a risk of not getting paid you front end the terms to protect yourself.

may turn out that the best business deal you can make with either trump or eloon is to walk away and say no thank you.

let someone else get screwed

wolfie001

(6,991 posts)
21. The wealthy do not like the poors debating US politics.....
Sat Dec 31, 2022, 11:31 AM
Dec 2022

That's how I interpret this whole 'twitter' clusterfuck.

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