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X Will Shut Down San Francisco Headquarters Within Weeks
X, the social media platform formerly known as Twitter, will close its San Francisco offices, according to published reports. CEO Linda Yaccarino told employees that X will close the offices “over the next few weeks” and will relocate San Francisco-based employees to Palo Alto, where X owner Elon Musk has offices.
Bloomberg News reported that the move marks the end of X’s long history in the city where Twitter was founded in 2006. The social-media app has had its 1355 Market St. office since 2012; it agreed to move into the Mid-Market neighborhood after receiving a special tax break, along with other tech companies.
The San Francisco Standard reported that a number of major tech tenants, including Uber and Zendesk, have moved out of Mid-Market in the past few years following the pandemic. X’s planned departure leaves the company on the hook for roughly 800,000 square feet of office space at the near-century-old 1355 Market, with deals that expire in 2026 and 2028, according to the Standard.
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