Twitter Evicted From Colorado Offices for Failure to Pay Rent
- Twitter is being evicted from its Boulder, Colorado office after not paying rent for two months according to its landlord.
- Twitter signed a lease for four offices in the building in 2020 to house 300 employees but failed to pay as agreed.
- Twitter set up a letter of credit for nearly $1 million that was meant to cover missed rent payments but those funds ran out in March.
- Twitter is also behind on rent payments for offices in San Francisco and London as the company's revenue and staff numbers have declined.
- A judge issued an order on May 31 that the sheriff must help evict Twitter from the offices within 49 days.