Since Elon Musk acquired Twitter, he has made numerous changes.
The "Chief Twit" fired nearly 50% of its employees, including several top executives, like CEO Parag Agrawal. Then, managers who didn't lose their jobs in the mass layoffs, had to "approach their spending with a tactic known as zero-based budgeting," or "operating under the assumption that spending should start at nothing and teams should justify individual costs, according to the costs-savings document."
Musk then went further in his cost cutting measures, by closing down its Seattle offices, and shutting down one of Twitter’s data centers in California. Musk also discontinued several facilities for employees, and stopped the company from providing anymore free lunch and free snacks.
Not just that, Musk is also auctioning off hundreds of items from the office.
And among the items, the most expensive would be the Twitter bird statue, sold for $100,000.
At Heritage Global Partners's website, interested buyers can also choose, among the many items, numerous kitchen supplies that include a rotisserie cooker, multiple refrigerators and kegerators, a number of espresso machines, coffee makers and coffee grinders, drink dispensers, fizzy drink fountain complete with ice dispensers, and pizza ovens.
There are also a number of entertainment systems, projectors, televisions, cameras, speakers, and other entertainment and conference equipment.
There is even a dishwasher in the list.
As at least one Twitter user pointed out, the company does have solid taste when it comes to midcentury-modern furniture.
For example, there are lots of designers ones, like Eames molded plywood lounge chairs, Herman Miller coffee tables, a few Bertoia Diamond chairs, a Womb chair, and a Fritz Hansen chair, to name a few.
And it seems that no item is too small to auction off.
Twitter is also selling off printing equipment and even sets of small drawers, and a pack of 70,000 KN95 masks.
Among the hundreds of items, the second most expensive item after the Twitter statue, would be the neon electrical sign that prominently displays the company's corporate bird logo.
Many of the items there are exchanging hands with prices that are more expensive than when they were new.
Among the reasons, is because it "feels like a piece of history is up for sale," as one Twitter user pointed out.
The huge sale comes as new owner Elon Musk slims down Twitter following his $44 billion purchase of the company in 2022/
Since taking over in late October, Musk has been busy.
The billionaire, who just set Guinness World Record for the first man in modern history to have lost $200 billion, said that Twitter had seen a "massive drop in revenue" following the departure of several advertisers.
He also warned the firm could go bankrupt.
Twitter has allegedly failed to pay rent at offices around the globe.
While Twitter can indeed earn quite a handful amount of money by selling all of those items, Nick Dove, a representative of Heritage Global Partners, the company administering the auction, said that the sale had nothing to do with recouping costs for the $44 billion purchase.
"If anyone genuinely thinks that the revenue from selling a couple computers and chairs will pay for the mountain there, then they're a moron," he said.
But in general, putting all the efforts combine, Musk's slimming down method, reportedly helped Twitter, that according to Musk, the company is no longer in the "fast lane" to bankruptcy.
