Please ensure Javascript is enabled for purposes of website accessibility
X to Close San Francisco Headquarters, Move Employees to South Bay
anthony-haddad-1
By Anthony W. Haddad
Published 51 mins ago on
August 6, 2024

X is closing its San Francisco headquarters and relocating employees to the South Bay, marking the end of a significant chapter for the city's Mid-Market neighborhood. (Shutterstock)

Share

Getting your Trinity Audio player ready...

X, formerly Twitter, is closing its San Francisco headquarters after 13 years in the city, The San Francisco Standard reported.

The decision marks the end of an era for San Francisco’s Mid-Market neighborhood, which had been revitalized by tech companies like X.

In an internal email, CEO Linda Yaccarino announced the office closure, stating that employees based in San Francisco will be relocated to the South Bay over the next few weeks. Engineering staff will move to an office in Palo Alto shared with xAI, another Elon Musk-owned company. Other employees will be assigned to existing offices in Santana Row, San Jose.

Yaccarino said the company is “actively working on plans, including transportation options,” but did not specify if shuttle services or commuter benefits will be provided. X did not respond to requests for additional comment.

Since Elon Musk’s acquisition of the company in late 2022, X has implemented significant changes, including a mandate for local employees to return to the office full-time and major layoffs. Sources indicated that much of the San Francisco headquarters space at 1355 Market St. is now vacant. Last month, X began marketing the space for sublease.

Musk had previously announced plans to move the company to Austin, Texas, driven by his opposition to a California transgender protection law, though Yaccarino’s email did not address that relocation.

The Mid-Market area had been bolstered by a 2011 city tax break aimed at attracting tech firms. Twitter, among other companies, benefited from this incentive, which contributed to a business surge in the area. However, with the expiration of the tax break and the rise of remote work, the neighborhood’s tech boom has faded.

X’s departure is seen as another blow to the once-vibrant district.

Read more at The San Francisco Standard.

RELATED TOPICS:

DON'T MISS

Supervisors Approve Brandau’s Anti-Camping Ordinance

DON'T MISS

X to Close San Francisco Headquarters, Move Employees to South Bay

DON'T MISS

Israeli Reservists Strain Under Prolonged Gaza Conflict as Economic and Personal Toll Mounts

DON'T MISS

Pakistani Man With Ties to Iran Is Charged in Plot to Carry out Political Assassinations on US Soil

DON'T MISS

Hocker Pulls Olympic Shocker in Men’s 1,500, Leaving Kerr and Ingebrigtsen Behind

DON'T MISS

Clovis Voters Will Decide Whether to Raise City Sales Tax

DON'T MISS

Hamas Says It Has Chosen Yahya Sinwar, Mastermind of the Oct. 7 Attacks, as Its New Leader

DON'T MISS

5 US Troops, 2 Contractors Hurt in Rocket Attack as Details Emerge About Strike at Iraq Base

DON'T MISS

Olympic Marathon Swim Test Run Is Canceled Over Water Quality Concerns for Seine River

DON'T MISS

Boxer Imane Khelif Fights to Get Closer to Olympic Gold Amid Outcry Over Gender Misconceptions

UP NEXT

X to Close San Francisco Headquarters, Move Employees to South Bay

UP NEXT

Israeli Reservists Strain Under Prolonged Gaza Conflict as Economic and Personal Toll Mounts

UP NEXT

Pakistani Man With Ties to Iran Is Charged in Plot to Carry out Political Assassinations on US Soil

UP NEXT

Hocker Pulls Olympic Shocker in Men’s 1,500, Leaving Kerr and Ingebrigtsen Behind

UP NEXT

Clovis Voters Will Decide Whether to Raise City Sales Tax

UP NEXT

Hamas Says It Has Chosen Yahya Sinwar, Mastermind of the Oct. 7 Attacks, as Its New Leader

UP NEXT

5 US Troops, 2 Contractors Hurt in Rocket Attack as Details Emerge About Strike at Iraq Base

UP NEXT

Olympic Marathon Swim Test Run Is Canceled Over Water Quality Concerns for Seine River

UP NEXT

Boxer Imane Khelif Fights to Get Closer to Olympic Gold Amid Outcry Over Gender Misconceptions

UP NEXT

State Center Trustees May Ask Voters to OK $698M Bond Measure

Anthony W. Haddad,
Multimedia Journalist
Anthony W. Haddad, who graduated from Cal Poly San Luis Obispo with his undergraduate degree and has an MBA at Fresno State, is the Swiss Army knife of GV Wire. He writes stories, manages social media, and represents the organization on the ground.

Pakistani Man With Ties to Iran Is Charged in Plot to Carry out Political Assassinations on US Soil

1 hour ago

Hocker Pulls Olympic Shocker in Men’s 1,500, Leaving Kerr and Ingebrigtsen Behind

1 hour ago

Clovis Voters Will Decide Whether to Raise City Sales Tax

2 hours ago

Hamas Says It Has Chosen Yahya Sinwar, Mastermind of the Oct. 7 Attacks, as Its New Leader

2 hours ago

5 US Troops, 2 Contractors Hurt in Rocket Attack as Details Emerge About Strike at Iraq Base

3 hours ago

Olympic Marathon Swim Test Run Is Canceled Over Water Quality Concerns for Seine River

3 hours ago

Boxer Imane Khelif Fights to Get Closer to Olympic Gold Amid Outcry Over Gender Misconceptions

3 hours ago

State Center Trustees May Ask Voters to OK $698M Bond Measure

3 hours ago

Discus Thrower Allman and Pole Vaulter Kendricks Win Olympic Medals Moments Apart for the US

3 hours ago

Singer-Songwriter Ivan Cornejo Fuses Alternative and Regional Mexican Music on New Album, ‘Mirada’

4 hours ago

Supervisors Approve Brandau’s Anti-Camping Ordinance

With Steve Brandau saying that law enforcement needs new tools to address a “very small subset of obstinate people,” the Fresno ...

12 seconds ago

12 seconds ago

Supervisors Approve Brandau’s Anti-Camping Ordinance

51 mins ago

X to Close San Francisco Headquarters, Move Employees to South Bay

54 mins ago

Israeli Reservists Strain Under Prolonged Gaza Conflict as Economic and Personal Toll Mounts

1 hour ago

Pakistani Man With Ties to Iran Is Charged in Plot to Carry out Political Assassinations on US Soil

1 hour ago

Hocker Pulls Olympic Shocker in Men’s 1,500, Leaving Kerr and Ingebrigtsen Behind

2 hours ago

Clovis Voters Will Decide Whether to Raise City Sales Tax

2 hours ago

Hamas Says It Has Chosen Yahya Sinwar, Mastermind of the Oct. 7 Attacks, as Its New Leader

3 hours ago

5 US Troops, 2 Contractors Hurt in Rocket Attack as Details Emerge About Strike at Iraq Base

Search

Send this to a friend