Twitter Inc is selling its own physical offices but it does not want to reduce the staff: it focuses instead on smart working. The social company is finding buyers for offices in New York, San Francisco e Sydneyto reduce costs without cutting employees.
Twitter sells offices and focuses on smart working
The office on the Tenth Street in San Francisco, just behind the official headquarters of Market Street, it will no longer be Twitter. In an email on Wednesday 27/07 the company explained to employees that he will no longer use the different office floors of the shovelzzo. And it will also close those whose windows overlook the Bay a Oakland.
Twitter could also close the offices of Sydney, when the rent expires. And then he is thinking of giving up the physical space to work at too Seoul. E Wellington in New Zealand, Osaka in Japan, Madrid in Spain, Hamburg in Germany and Utrecht in the Netherlandsthe. Although it seems that in some of these locations he can find other workspaces.
But the company will also close “corporate spaces” a Tokyo, Mumbai, New Delhi, Dublin and New York. But even in this case, there will be no staff cuts.
Dalana Brandthe chief people officer of Twitter, says: “I want to make it clear that this does not change our commitment to work in each of these markets.. If some offices were to close, there would be no impacto “for company workers. They simply will have to start to work from home.
At the end of 2021, the company had 7,500 employees and has no intention of decreasing them, it seems. Although CEO Parag Agrawal blocked hiring in May, also in view of the possible acquisition by Elon Musk. But the company is cutting costs, in general. Agrawal has communicated cuts to corporate and marketing travel, as well as having canceled an outing at Disneyland for the entire company in 2023.
But this decision will cause debate because it sets a precedent: a large company that focuses on smart working and does not invest in offices, especially in expensive cities like San Francisco and New York.