Categories: News

Twitter auctioning off its supplies from San Francisco office

Twitter purchase by Elon Musk at $44 billion was the talk of the town due to a number of reasons. The new owner is now undergoing cost-cutting measures. First Musk laid down nearly half of the staff members at Twitter, as a result a group of the former employees are now suing while alleging  that the layoffs involved many violations of the labor rights. Now the company is auctioning off several of its items from its office in San Francisco that includes memorabilia and even office supplies.

With the recent measure, the company is on a cleaning spree and is getting rid of some of the things like  the large Twitter bird statue along with the big ‘@’ sculpture planter. Some of the other items that are on auction list include standing desks, projectors, iMac screens and more. The list also includes a number of espresso machines along with an electric bike charging station. The auction will be held online and will open on January 17, 2022 and will close on the next day. So people who might be interested in purchasing some of the items that they might want can have the chance next month.

Heritage Global Partners  is the company that is helping in the sale and the opening bids for all the items range between $25 and $50. Elon Musk had a rough start with the purchase of Twitter for a couple of months but then eventually he got a hold of it and is now undertaking many cost-cutting measures. Musk in a Tweet posted on November 4, 2022 said that the company is facing a massive drop in revenue as the activists groups pressurized the advertisers. But even then nothing has changed  with the content moderation. Musk added that they did everything  they could to soothe the activists.

On the other hand Nick Dove, the HGP president had opined during an interview that people who think that the auction is a part of  preserving the finances are wrong.

Photo Credits: Unsplash

Dragica M

Share
Published by
Dragica M

Recent Posts

WhatsApp launches new feature to deal with spam calls

Instant messaging service WhatsApp is now taking steps towards targeting the potential spam calls. The…

1 year ago

Microsoft prevented from acquiring Activision

The Federal Trade Commission’s request to block the acquisition by Microsoft of the video game…

1 year ago

Samsung Galaxy Z Fold 5 to get a hinge upgrade

South Korean tech giant Samsung is all set to host an event in July, 2023.…

1 year ago

Netflix notices massive increase in subscribers ever since password sharing crackdown

There was a dedicated reason why Netflix had decided to block its password sharing abilities.…

1 year ago

Apple soon to say goodbye to lightening port

Legislation was passed by the European Union that mentioned that all the devices that are…

2 years ago

Apple sued by two women over use of AirTags

Apple is once again in trouble over their AirTag tracking device. Two women from the…

2 years ago