A source close to Twitter,who was not authorised to talk publicly,said staff had been told they would be working from home indefinitely because the office was closing.
A Twitter spokesman said:“No decision has been made”,emphasising that the company’s commitment to its Australian staff,customers,business and users was strong. It will consult with staff about future property plans.
“Over the past two years,we’ve proven we can operate our business successfully with a distributed workforce,regardless of whether our employees work from an office or full-time from home,” Twitter’s spokesman said.
“This approach has allowed us to evaluate our existing footprint and consider various flexible work options for our Sydney employees,including alternative office spaces to lease.”
Property industry sources said Twitter’s lease was due to expire at the end of August and renewing it would have cost up to $1400per square metre,or about $2.8 million a year for the full floor,at a time when the company has been cutting costs.
Twitter has not recently been occupying the whole floor,the sources said.