this post was submitted on 19 Jun 2023
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Technology
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...what the hell? Why didn't Jack Dorsey cancel the project once he decided that Twitter would be remote work only? Reeks of incompetence tbh, seems like the company was already having leadership issues before Elon took over.
Because the building was an asset during the sale...
On paper it was "smart" to have it there because it was a tangible asset. Long term it was a waste of money, but canceling would have been worse before the sale because it would have been an immediate loss affecting the price.
Just kicking the can down the road