Twitter Sued by Britain's Crown Property Over Alleged Unpaid Hire for UK Headquarters

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Twitter Sued by Britain's Crown Property Over Alleged Unpaid Hire for UK Headquarters
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Twitter Sued by Britain's Crown Property Over Alleged Unpaid Hire for UK Headquarters
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Britain’s Crown Property, an unbiased industrial enterprise that manages the property portfolio belonging to the monarchy, stated on Monday it had begun court docket proceedings towards Twitter over alleged unpaid lease on its London headquarters.

Courtroom lists confirmed the case towards Twitter had been filed on the Excessive Courtroom in London final week.

In an announcement, the Crown Property, which owns a number of the costliest land in central London, stated the motion associated to “rental arrears” on the social media platform’s workplace house within the British capital.

Twitter didn’t instantly reply for a request for remark.

The corporate laid off half its workforce after it was taken over by Elon Musk final October. In London, the workplace was left abandoned and any proof that Twitter had as soon as occupied the constructing had been erased.

Final week, Elon Musk said Twitter has about 2,300 energetic workers, a day after CNBC reported that Twitter’s full-time headcount has lowered to about 1,300 energetic, working workers, together with fewer than 550 full-time engineers by title.

About 75 of the corporate’s 1,300 workers are on go away together with about 40 engineers, CNBC stated, citing inner information. “The word is wrong. There are about 2300 energetic, working workers at Twitter,” billionaire Musk tweeted in a response to a tweet quoting CNBC. “There are nonetheless lots of of workers engaged on belief & security, together with a number of thousand contractors,” Musk added.

Musk took over Twitter in October and swiftly moved by way of quite a lot of product and organisational modifications. The corporate rolled out the Twitter-verified Blue check-mark as a paid service and in addition laid off about 50 % of employees.

Final week, it was reported that Twitter plans to put off 50 staff within the social media website’s product division within the coming weeks. The layoffs, which come six weeks after prime boss Elon Musk reportedly instructed employees that there wouldn’t be additional retrenchment, may scale back the corporate’s headcount to beneath 2,000, in line with the report.


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