NYT: Twitter No Longer Paying Rent For Its Offices

The New York Times reports:

Over the past two weeks, Elon Musk has shaken up Twitter’s legal department, disbanded a council that advised the social media company on safety issues and is continuing to take drastic steps to cut costs.

Mr. Musk appears to be gearing up for legal battles at Twitter. He and his team have revamped Twitter’s legal department and pushed out one of his closest advisers in the process. They have also instructed employees to not pay vendors in anticipation of potential litigation, the people said.

To cut costs, Twitter has not paid rent for its San Francisco headquarters or any of its global offices for weeks. Twitter’s leaders have also discussed the consequences of denying severance payments to thousands of people who have been laid off since the takeover,

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