Twitter ‘sued by Crown Estate over unpaid rent’ at its London headquarters
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Twitter sued by Crown Estate over alleged non-payment of rent at London HQ
Twitter is being sued by the Crown Estate over alleged non-payment of rent at its London headquarters.
The estate that oversees the king’s real estate portfolio has filed a claim against the social media giant in the Supreme Court.
A spokesperson for the estate said the dispute was related to Twitter’s West End headquarters.
Rent row: The Crown Estate has filed a claim against the social media giant in the Supreme Court. It is believed to be above the first floor office in Picadilly Circus (pictured)
The offices are believed to be above the first floor office in the Piccadilly Circus site, which Twitter has occupied since 2014.
The group’s signs and logos have been removed from the building, but an employee told The Daily Telegraph that the company still had a presence in the building.
Earlier this month, Twitter staff at its Singapore office were told to work from home after the company reportedly fell into rent arrears.
It’s the latest legal headache for the company since Elon Musk’s disastrous £38bn takeover in October, days after he laid off half of Twitter’s 7,500 employees.
Former Twitter employees in the UK are also taking legal action against the company, claiming they were unlawfully fired amid massive post-deal job cuts.
London law firm Winckworth Sherwood has accused Twitter of “unlawful, unfair and wholly unacceptable treatment”.
Twitter was asked for comment.
The dispute also comes as Twitter’s daily revenues are 40 percent lower than a year ago, as a slew of advertisers have slashed spending since the Tesla mogul’s acquisition.