Tiny

In the midst of the restructuring and cost-cutting at Twitter post-Elon Musk takeover, reports have indicated that the tech giant has failed to pay many of its suppliers. According to the New York Times, Musk and his advisors are currently examining all expenses at the social media company and with that, some of the Twitter’s vendors have gotten stiffed. The company has taken on a drastic cost-cutting pattern and Musk has now issued and order to slow down or halt payments to its vendors and contract services. The move to do so has caused Twitter’s suppliers to be in an uproar. Some are even losing out in the millions without payment from Twitter. The article states that Musk is currently looking to “cut, cut, cut,” making it his top priority at Twitter. Due to the recent measures, Twitter is now asking its staff to review and renegotiate with vendors and even go as far as not paying them for now. Suppliers include in-office cafeteria food, real estate, software services, travel and computing costs. In order to acquire Twitter, Musk took out $13 billion USD in loans with an interest payment that amounts to $1 billion USD each year. Twitter is currently reviewing its partnerships with major sports leagues like the NFL and NBA, as well as with other companies like Condé Nast and Fox. Corporate credit cards have been cut off as are free lunches. Twitter reportedly has not delivered cheques promised to charity organizations. It remains to be seen what can be done. In other Twitter news, Elon Musk recently clarified that he makes all final decisions on posts despite the company having a moderation council.

Erie County

Buffalo Metropolitan Area

Buffalo

New York

In the midst of the restructuring and cost-cutting at Twitter post-Elon Musk takeover, reports have indicated that the tech giant has failed to pay...

We Are Moms And We Are Against Drunk Driving

Mothers Against Drunk Driving

MADD Don't drive drunk! Call an uber or your mother. To support this organization contact us below.

MADD Don't drive drunk! Call an uber or your mother. To support this organization contact us below.

what a day oh what a day started off with a shooting sinus headacheand then went into launchand other nonsense

what a day oh what a day started off with a shooting sinus headache

and then went into launchand other nonsense

Monroe County

Rochester Metropolitan Area

Rochester

A New Article Without PR Desk User Tag

Home & Garden

Onondaga County

Syracuse Metropolitan Area

Syracuse

Oneida County

utica-rome

Utica

Luzerne County

PA Patch Team

Scranton/Wilkes-Barre Metropolitan Area

Wilkes-Barre

Pennsylvania

Albany County

Albany-Schenectady-Troy Metropolitan Area

Albany

Lehigh County

Philadelphia Metropolitan Area

North Whitehall

Dutchess County

Michael Woyton

New York City Metropolitan Area

Mid Hudson Valley

Dauphin County

Harrisburg Metropolitan Area

Harrisburg

South Whitehall

Northampton County

Nazareth

5 New Homes For Sale In The Rochester Area

Check out the most recently listed properties on the market in and around the Rochester area.

Real Estate

Wondering what's on the market? Here is what the newest properties in Rochester have to offer.

Rochester Job Listings: See Who's Hiring In The...

 Searching for full- or part-time work in and around Rochester? These local employers are looking for help.

Rochester Job Listings: See Who's Hiring In The Area

Business

Latest Dogs, Cats, Pets Available For Adoption...

In search of a fuzzy new family member? Meet Peppy and more adorable animals up for adoption.

Latest Dogs, Cats, Pets Available For Adoption In Rochester Area

Pets

Hire A Rochester Area Pro To Clean Your House...

Plus, find holiday light installation pros, photographers, organizers and more to help you with your to-do list this season and beyond.

Nearby Communities

State Edition

National Edition

Home & Garden

A New Article Without PR Desk User Tag

Jesus what a mess

Press Desk, News Partner

Find out what's happening in Rochesterfor free with the latest updates from Patch.

More from Rochester

Tiny

Mothers Against Drunk Driving