Months after laying off thousands of Twitter employees. Elon Musk is trimming its San Francisco office space by four levels after missing rent payments.
Twitter laid off about half of its 7,500-employee global workforce in early November, as Musk enacted a drastic cost-cutting plan. This included 800 who were based in San Francisco.
Shorenstein Properties, which owns the building with JPMorgan, is negotiating with lenders after missing a September deadline to refinance its $400 million loan on the property, according toComplaints within the company have since skyrocketed, with many insiders claiming the tech company smells like take-out food and body odor, with employees having to bring their own toilet paper, the Times reported.
Musk, responding on Twitter, said employees only had to bring their own bath tissue for “half a day.” Twitter is also reportedly set to close its Seattle and New York City offices in an effort to cut costs.
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