X/Twitter to Leave San Francisco
X CEO Linda Yaccarino sent an email to the network’s employees saying that the X portal is moving out of Market Street offices In San Francisco – according to a person close to the matter. The employees are to be transferred to the existing office in San Jose and to the engineering office in Palo Alto – says a Bloomberg source who asked to remain anonymous because the emails sent to employees are not public.
Portal X has not yet responded to these reports. The New York Times previously reported on the planned closure of the San Francisco office.
Elon Musk didn’t like this city
Elon Musk, who took over Twitter in 2022, has made no secret of his disdain for San Francisco, and has previously accused the city’s leftist culture of making Twitter too liberal. Musk has also criticized California Gov. Gavin Newsom for a state law.
Last month, Elon Musk announced that Portal X would be moving its headquarters to Texas.
The end of an era
Moving out of San Francisco it’s the end of an era and the abandonment of the city where Twitter was founded almost 20 years ago.
The social network has its office at Market Street since 2012, when, together with other technology companies, it received special tax breaks. Back then it was a typical office space, with restaurants full of people and apartment buildings. Today, in the wake of Covid-19 pandemicthe place is struggling with the reluctance of office workers to return to the office. And while the artificial intelligence boom has helped to revive the space somewhat, San Francisco still has one of the highest office vacancy rates (over 36% – CBRE data) among American metropolitan areas.
