Twitter Asked To Evict Boulder Office Over Unpaid Rent. All Details
The judge who signed off on evicting Twitter deemed that the Elon Musk-owned company must vacate the office by the end of July.
Elon Musk-owned Twitter is getting evicted from its Colorado office over unpaid rent of three months. It owes the rent to its Boulder landlord, the media has reported. A judge has signed off on evicting the micro-blogging giant from its office there, court documents show. The judge deemed that Twitter must vacate by the end of July.
A Chicago-based landlord that owns Twitter's office in the city of Boulder, was provided a $968,000 letter of credit back in February 2020, according to a report in Denver Business Journal. The money ran out in March and the micro-blogging platform has not paid the rent since, which works out to be around $27,000 per month.
Also read: Samsung Galaxy Watch Will Get Heart Rhythm Notifications Soon
"A judge has ordered the Boulder sheriff to return possession of Twitter's office to the landlord, according to court documents," the report added.
In May, the landlord took Twitter to court, and the judge issued an order that the sheriff should assist in the eviction of Twitter within the next 49 days. Before mass layoffs, at least 300 employees worked in Twitter's Boulder offices. The company in January was sued after it failed to pay $136,250 rent for its office space in San Francisco.
The landlord had notified the company on December 16, 2022 that it would go into default on its lease for the Hartford Building's 30th floor in five days if the rent was not paid.
Also read: Amazon Prime Lite Subscription Launched In India. Check Price, Benefits And More
To recall, earlier in February, Twitter shut down two of its three offices in India and its staff was asked to work from home. The company has also shut down its Singapore office. According to a report in The Platformer, Twitter employees working in the Singapore office, which is the company's Asia-Pacific headquarters, were walked out of the office over non-payment of rent.
Twitter failed to pay millions of dollars in rent for its San Francisco and London offices. It faced lawsuits from multiple contractors over unpaid services and auctioned off assets to raise funds.
Meanwhile, Twitter is currently in a dispute with Google Cloud as its contract with the cloud provider is up for renewal this month, according to a recent report by Platformer. Twitter's refusal to pay its Google Cloud bills could potentially have severe consequences for the company's trust and safety teams, as per the report. Prior to Elon Musk's involvement with Twitter, the social media platform had entered into a multi-year agreement with Google that encompassed various aspects, including combating spam and ensuring account security.