Twitter auctions office assets, all jumping prices

According to a report by US media BuzzFeed on December 12, local time, Musk recently put hundreds of office assets of the Twitter company on the Heritage Global Partners (HGP) auction online at a low price. Coffee machines, office chairs, projectors, office computers, little blue bird logo sculptures… Many items with an original price of thousands or even tens of thousands of dollars all start at a “jump price” of $25 or $50. The auction will open on January 17, 2023. | Related reading (Observer.com)

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Twitter’s financial problems have long been exposed by the media. As soon as Musk took over Twitter, he prepared to lay off employees. Later, he laid off about half of the employees and canceled the company’s “office anywhere” policy. He also motivated remaining employees to work harder. In mid-November, he admitted that Twitter may go bankrupt, showing that the current financial problems are relatively bad. Later, Twitter was brought to court for arrears of more than 100,000 US dollars in rent, and now it is auctioning assets at a low price. Twitter may be really short of money. Musk is also short of money. He already owed a lot of debt for buying Twitter for 44 billion US dollars. His value plummeted again, and he also promised not to sell Tesla stocks for financing. The richest man in the world will also pay for money Trapped so much.

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