this post was submitted on 01 Jul 2023
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The Twitter meltdown looks like it’s gathering pace.
Astonishing how the ultra rich can just get away without paying their bills. Isn’t he also behind on rent for loads of Twitter offices? Not to mention not honouring severance pay agreements.
Wonder if debtors prison is still a thing anywhere in the world …
It’s amusing that he is behind on office rentals given that he’s demanded his staff stop previous Work From Home and return to the office.
undefined> staff
This is what boggles my mind about businesses wanting all staff to be in the office full time. Smart businesses have figured out a way to rotate staff or have certain people be exclusively remote. It lets them reduce their office footprint and save money on leases.
Why not save even more money on leases by just not paying leases?
<taps head>
It is very typical for businesses of all sizes to delay payments, not just rich. That's one of the reasons why industrial applications, tools and goods are so expensive - you always need a healthy money buffer when you're doing B2B.