Twitter cancels companywide trip to Disneyland to cut costs
Twitter Inc (NYSE: TWTR) has canceled a companywide trip to Disneyland scheduled for January 2023, citing cost-cutting measures
By Arghyadeep Dutta
Published - Jun 17, 2022, 02:03 PM ET
Last Updated - Mar 04, 2024, 09:19 AM EST
• Company says cuts in corporate travel expense led to cancelation
Twitter Inc (NYSE: TWTR) has canceled a companywide trip to Disneyland scheduled for January 2023, citing cost-cutting measures.
“We’ve made the difficult decision to not move forward with our OneTeam annual gathering in 2023 and are limiting domestic and international business travel for business-critical purposes only,” a spokesperson at Twitter told Bloomberg in a statement.
The occasional gathering, known as OneTeam, was last held in early 2020 in Houston before the COVID-19-induced pandemic forced the employees of the San Francisco-based social media company to start working remotely.
