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Elon Musk Does A Trump, Stops Paying Rent, Worker Severance Packages

  • Writer: By The Financial District
    By The Financial District
  • Dec 18, 2022
  • 2 min read

Twitter’s new boss Elon Musk has reportedly instructed employees to not pay vendors, including rent for its offices in anticipation of potential lawsuits against the social media giant, Vishwam Sankaran reported for the UK’s The Independent.


Photo Insert: The moves are a part of the several reported chaotic scenes witnessed in the company after Musk bought it for $44 billion and took over as its new chief.



Musk has laid off nearly half of its workforce and has not paid rent for its San Francisco headquarters and global offices for weeks, the New York Times reported on Tuesday (Wednesday, Dec. 14, 2022, in Manila), citing people close to the company.


Twitter is attempting to renegotiate the terms of its lease agreements. Former Twitter employees condemned Musk not only as an egomaniac and malignant narcissist but also suffers from delusions of grandeur.



Others think he may even seek the GOP presidential nomination in 2024 on his way to declaring himself as the savior of humanity.


Twitter has also reportedly discussed the consequences of not paying severance fees to the staff that were fired during its recent mass layoffs. The NYT also reported, citing a recent New Hampshire lawsuit, that Twitter has refused to pay a $197,725 bill for private charter flights taken in late October when Musk took over the company.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Last week, media reports also suggested Twitter converted a section of its office space into bedrooms, seemingly for some of its employees working round the clock – a move now being investigated by the San Francisco Department of Buildings Inspection.


In other efforts to save money, the company is also auctioning some office items from its San Francisco headquarters, including a statue of the company’s famous blue bird, office furniture, espresso machines, and an electric bike-charging station.


Business: Business men in suite and tie in a work meeting in the office located in the financial district.

The moves are a part of the several reported chaotic scenes witnessed in the company after Musk bought it for $44 billion and took over as its new chief. Since his high-profile takeover, thousands of Twitter’s staff have either been fired or have resigned, slashing its workforce from more than 7,000 down to nearly 2,000.





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