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Twitter CEO fires two top executives, freezes hiring

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Re: Twitter CEO fires two top executives, freezes hiring

#501
post #480

Just a spring cleaning that is about a decade late. Twitter under-performs in every aspect imaginable: financially, product quality, product innovation. Nothing ever gets released and whilst this pace has improved in recent years, those "innovations" don't really deliver. They're barely used, copycats from other apps, and so on. Meanwhile, age-old problems are never addressed, like bots and the extremely hostile mob…

You're 100% correct.

They shut down Vine. TikTok is now a billion dollar industry.

As far as I'm concerned, every product manager involved in that decision shouldn't be involved with Twitter anymore, because they display an astonishingly level of incompetence.

Re: Twitter CEO fires two top executives, freezes hiring

#502
post #378

All- some of you are clinging onto the paternity leave. I can't quote whether this is true, but at both Fortune 250 companies I worked for, you were paid out for your entire leave even if you weren't coming back after. So I would bet money he is still being paid for the whole leave, but if someone sees something else, please correct me. There is incentive to pay it out since one annoying side effect can be a person g…

The concern is that there could be a chilling effect resulting in people not taking this leave. If people expect to be fired for using this benefit, they won’t use it.

(M|P)aternity leave cannot ever make you immune from being let go. That would be insane. People are let go all of the time without any warning or cause. Especially executives.

Re: Twitter CEO fires two top executives, freezes hiring

#503

Earlier quoted context omitted.

That only works because HN is, mostly, politics-free. I'm not a regular Twitter user but afaik that platform is pretty heavy on politics, more than that, it's pretty heavy when it comes to a certain political spectrum, the other side has been mostly de-platformed by now. I don't consider that as a healthy platform to comment on for the general public (even though, I agree, it might be ok for people who happen to shar…

Hmm, are we on the same HN? I feel like I see a lot of topics debated I’d call political (“about how society ought to function”) on a daily basis.

I was going to say.... HN is full of politics. Not always the Red vs Blue kind, but there's political discussions constantly. At any given time several front page stories are explicitly political, and several more are implicitly political (e.g. cryptocurrency).

Re: Twitter CEO fires two top executives, freezes hiring

#504

> I’m just now learning that Parag fired Kayvon while he was on paternity leave, which is truly awful. > Parag is on his way out too. Why is he firing his product leaders during his lame-duck period? https://twitter.com/CaseyNewton/status/1524790595968901122

It's deeply weird, too. In the enterprise, if someone high ranking is going to be replaced, they're never fired unless there was company-hostile bad behavior. If the organization is trying to move in another direction, they reorganize and reduce the role of that high ranking leader- maybe to a position where they're alone! and give that high ranking person time to make their next move comfortably. This goes double wh…

You're thinking firing for cause. These two were probably told that they would no longer run their divisions, here's a nice severance package if you want to leave. What are they gonna do, stick around in a lower role?

Re: Twitter CEO fires two top executives, freezes hiring

#505
post #130
post #43

Letting people go while they’re on maternity or paternity leave us not cool.

what should they have done? waited til he returned? they very likely are giving him a severance, so why wait?

yes, they should have waited... paternity leave isn't vacation, it's leave you're taking because you're living in stressful conditions that make it hard to get things done

that said, in this case this guy's likely a millionaire so it's less of a big deal... kind of rude though

Re: Twitter CEO fires two top executives, freezes hiring

#506
post #373

Earlier quoted context omitted.

The vesting / payout theory makes no sense, firstly Twitter vesting at that point would be quarterly, so the company would be saving at most 1/16th of what those employees had already vested from their initial grant. Secondly, it's the employees who would have the incentive to leave, not the company to fire them. Assuming a typical 4 year vesting period, it's right at this year when their compensation would have _dro…

This may be Parag's hail mary play to appease his new master and keep his lucrative job. I would not be surprised if his next move is to publicly extol the virtues of Free Speech and the First Amendment.

No post body was provided.

Re: Twitter CEO fires two top executives, freezes hiring

#507

Earlier quoted context omitted.

Tesla is up 995% over the past 5 years.

Quoted post unavailable.

I don't like a world where the only way to assess someone is by how much money they make for investors. That's a bleak reality, so I prefer to act as though a person's behavior matters in the hopes I might create it by force of will. You can recognize the negative with the positive. Anything else is revisionism.

Re: Twitter CEO fires two top executives, freezes hiring

#508

> I’m just now learning that Parag fired Kayvon while he was on paternity leave, which is truly awful. > Parag is on his way out too. Why is he firing his product leaders during his lame-duck period? https://twitter.com/CaseyNewton/status/1524790595968901122

Why would firing someone who's on paternity leave be an issue at all? We're talking multi-millionaires who will get multi-million dollar severance. It's pretty hilarious to see the pearl clutching of techno-bourgeoisie over something like this, pretending other tech-lords are getting mistreated over some supposed breach of decorum. The mere fact that he gets to take parental leave puts him head and shoulders above mo…

Multi-millionaire doesn't paint the right picture.

That guy combining with his wife is worth 70-100m range.

His startups with like 10 people was acquired by twitter for 100m.

I don't see any issue firing them during paternity leave.

Re: Twitter CEO fires two top executives, freezes hiring

#509

Earlier quoted context omitted.

> I also think the proposal to have Twitter allow all content that is "legal under US law" is a dangerous idea for the platform being a healthy community that most people actually want to participate in. I'd counter that platforms like Reddit, Youtube, or Facebook grew into institutions with extremely light content moderation, and it's only after they were successful and were targeted by politicians and media panics…

Reddit always has had community moderators which ensured that the subreddits were respecting the rules of their communities. For example, on LGBTQ issues subreddits telling people that they are groomers is not tolerated. If it was, people would quickly go away. While on some other subreddit, it might be tolerated but the targeted people are not present and will not see those messages. It is similar on Facebook where…

>I use hate-speech as an example because the "groomer" as a slur issue is at a peak right now and is fresh in my head.

Mm. I think the problem is that censorship advocates like you try to add words like this into the lexicon of "hate speech" and try to have it censored. It's not, and it shouldn't be, and you should be ashamed of even thinking it.

It is not other people's responsibility to stay up to date on what may or may not be triggering you on any particular day.

Re: Twitter CEO fires two top executives, freezes hiring

#510
post #17

Why is Parag making any major changes at this point? What "new vision" is he going to execute in his last few months at the company before Elon comes in and torpedoes it anyways?

Maybe Parag is trying to meet his own KPI before he got booted out to ensure his golden parachutes?
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