As Elon Musk clears Twitter Inc.’s conference rooms to install beds for his workers, he is looking to make a buck on the office equipment that is no longer needed.
Auction site Heritage Global Inc. HGBL, +7.95% has listed 241 items for an auction set to occur on Jan. 17 and 18 dubbed “Twitter: Online Auction Sale Featuring Surplus Corporate Office Assets of Twitter!” Heritage Global President Nick Dove confirmed to MarketWatch that Twitter contracted the company to sell off the excess assets, and that net proceeds will go back to Twitter.
The auction lot is mostly made up of kitchen and office equipment, though there are recognizable Twitter artifacts included as well. Most noticeable is a planter that has long been prominent at Twitter’s headquarters, as it is shaped like the @ symbol that precedes Twitter users’ names, along with a statue of Twitter’s bird logo.
Tesla Inc. TSLA, +3.23% Chief Executive Musk has laid off thousands of Twitter’s workers since acquiring the company for $44 billion in cash and debt, despite attempting to squash the purchase through the courts. He has reportedly turned some conference rooms into bedrooms for remaining workers — earning the attention of San Francisco’s Department of Building Inspection — and some of the auction items include standard equipment for conference rooms, such as digital whiteboard displays made by Alphabet Inc.’s Google GOOGL, -0.94% GOOG, -0.94% and Sharp Corp. 6753, +0.98% televisions.
In addition to standard office equipment, there is also heavy-duty kitchen equipment such as specialized ovens and refrigerators, multiple espresso and coffee makers, and three “kegerator” beer dispensers. One of Musk’s other moves since taking over Twitter has been to get rid of free meals for employees, which he said on the service was costing the company roughly $13 million a year, though a former employee who ran the meal service until Musk took over publicly disputed his figures.
Heritage Global warns on its site that the winning bidders will be responsible for removing the items from the venue themselves. The auction lists the venue address as Twitter’s San Francisco headquarters on Market St., but notes that viewings will be by appointment only.