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How Twitter Identified Leases for Cancellation
Each global lead was given a massive spreadsheet that had to be filled out every single day, identifying possible savings opportunities. Twitter instructed Hawkins to identify leases for cancellation. When informed of the risks of termination fees during a meeting on November 3, 2022, Steve Davis said, well, we just won't pay those. We just won’t pay landlords. And it notes when the time came to present their conclusions, this added context was not well received.