Struggling Twitter To Sublease 1,400 Employees’ Worth Of Mid-Market Office Space
By Allie Pape : hoodline – excerpt
Times have been tough for Twitter, which has seen its stock price decline fairly steadily since last spring and laid off eight percent of its employees last October. Now, the city’s second-largest tech employer is subleasing a hefty quantity of office space in its two Mid-Market buildings, presumably to help bring in a little extra cash.
According to the SF Business Times, Twitter has made four spaces immediately available for sublease: one in the historic former SF Furniture Mart building at 1355 Market St., and three in the adjacent building at One 10th Street. Together, they total 183,642 square feet, enough space for 1,416 employees—making the office sublease San Francisco’s largest… (more)