Twitter has reportedly stopped paying rent on its offices and is considering not paying severance packages to laid-off workers

Dec 14 2022 by Business Insider

 

Tayfun Coskun/Getty Images

Elon Musk is increasingly using radical cost-cutting measures at Twitter, according to the New York Times. Twitter is reportedly no longer paying rent on its office buildings, and Musk has told workers not to pay vendors.  Management is reportedly weighing the possibility of not paying severance to former employees.

In Elon Musk's quest to make Twitter a more profitable company, he is reportedly implementing increasingly extreme cost-cutting measures. 

According to...

Continue Reading Twitter has reportedly stopped paying rent on its offices and is considering not paying severance packages to laid-off workers