Twitter Seeks to Sublease NYC Office Space as Elon Musk Cuts Costs

by | Mar 1, 2023

Twitter Inc. is looking to sublease office space in New York City as part of CEO Elon Musk’s efforts to cut costs. According to Bloomberg, Twitter is looking to sublease around 200,000 square feet of office space. This comes after the company laid off more workers over the weekend in its latest round of job cuts.

The move is part of Musk’s attempts to reduce costs and make the company more efficient. Twitter also wants to reduce its office space in other cities, including San Francisco. The decision to sublease office space is part of a broader cost-cutting strategy that Musk has implemented in recent months. This includes eliminating non-essential jobs, reducing travel, and trimming discretionary spending.

References:

[1] Twitter to Scale Back NYC Office Space as Musk Cuts Costs

[2] Twitter Is Subleasing Office Space in New York City: Report

[3] Bloomberg on Twitter: “Twitter is seeking to sublease New …

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Sarah M

Sarah M

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Sarah is the founder, owner, editor, and writer at Social Media Notes. She also does SEO, SMM, and is the SEO consultant for various companies. We hope that reading the blog posts on Social Media Notes would bring you more knowledge, and insight. Welcome to Social Media Notes!

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