After laying off thousands of employees and reducing employee benefits, Twitter has begun auctioning off unused office furniture. The list covers anything from weird bird artifacts (Twitter’s bird emblem) to espresso machines, refrigerators, and even Apple Macs. Heritage Global Partners, the auction’s sponsor, reports that there are 631 objects available for purchase. The majority of these materials are gathered from Twitter’s San Francisco headquarters. Participants can bid until 11:30 PM IST today, January 18, and prices will rise as the day progresses, as planned.
Twitter Bird Statue for $20,000 is one of the oddest goods with the highest bid .Twitter is also selling a “@” sculpture planter, with the current bid at ,000. (oldmcmickys.com) Some of the most expensive hardwood chairs, previously used by Twitter guests and workers, retail for more than $1,000. (Rs 81,000).
Online auction participants are also bidding on N95 masks. A set of KN95 Protective Masks (total of 20,800 units) costs $350. Other products include $3,400 espresso machines, electric ovens, refrigerated pizza prep tables, vegetable dryers, and stainless steel kitchen tables. As previously said, the bidding prices will most certainly rise until the bid ends tonight.
Twitter is also auctioning off a slew of high-end office supplies and devices
Twitter is also auctioning off a slew of high-end office supplies and devices. Twitter-owned 27-inch Macs are bidding at $1,200 and many Samsung TVs are also available.
Twitter has been cutting costs aggressively since Elon Musk’s formal acquisition of the firm in late October 2022. Over 3,000 people were laid off at first, with some voluntarily quitting to protest Musk’s “hardcore” work ethic. Then Twitter reduced employee benefits, such as free meals. Twitter is also being sued by the landlord of its San Francisco headquarters for allegedly failing to pay rent.
Twitter staff in Singapore were recently asked to leave the office because Musk had not paid the rent. The corporation is also reportedly closing offices in Mumbai and New Delhi. Meanwhile, according to Reuters, Twitter’s revenue is down 40% year on year (YoY). According to the story, Musk’s first large interest payment on the company is due at the end of January. The exact amount is unknown, but the latest round of bidding may reduce the company’s expenses.