Twitter CEO fires two top executives, freezes hiring

Post by Simon_O_Rourke » Thu, May 12, 2022, 8:59 PM UTC

jmyeet wrote: post #258

The two execs fired were: - Kayvon Beykpour, Head of Consumer Product (3 years, 11 months) [1]; and - Bruce Falck, Revenue Product Lead (5 years at Twitter, 3 years and 11 months in this position) [2] Kinda weird that both people were just shy of serving 4 years in their current roles. When I see moves like this my immediate thought is always, it's to save or make money. For example, there could be an options pool in…

Post by hitpointdrew » Thu, May 12, 2022, 9:05 PM UTC

dymk wrote: post #373

jmyeet wrote: post #258

The two execs fired were: - Kayvon Beykpour, Head of Consumer Product (3 years, 11 months) [1]; and - Bruce Falck, Revenue Product Lead (5 years at Twitter, 3 years and 11 months in this position) [2] Kinda weird that both people were just shy of serving 4 years in their current roles. When I see moves like this my immediate thought is always, it's to save or make money. For example, there could be an options pool in…

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…

Post by mrlatinos » Thu, May 12, 2022, 9:05 PM UTC

novaleaf wrote: post #380

in the last few days Twitter doesn't force me to login to scroll down tweets anymore. Maybe related to the buy action? Want to show increased engagement in the final weeks for bargaining power?

Post by Pxtl » Thu, May 12, 2022, 9:08 PM UTC

paganel wrote: post #316

ilamont wrote: post #262

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. This is key. If @dang suddenly threw up his hands and said "anything goes on HN within U.S. law" this wonderful virtual discussion forum would die and most of us would sign off forever. I say that as someone whose be…

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…

Post by user3939382 » Thu, May 12, 2022, 9:09 PM UTC

UweSchmidt wrote: post #276

jamiequint wrote: post #224

Earlier quoted context omitted.

Reddit is doing this because it works and has real impact on the bottom line, and effectively zero impact on user retention. As long as users continue to behave the way they do it would be fiscally irresponsible to shareholders for the company not to do it, same with Twitter. If you don't like it the best thing you can do is to bounce and never use the product again. Users doing this en masse is the only thing that w…

This is such a short sighted thinking, aggravating users because it makes some "user retention" metric look good. You can either remain the central forum hub of the internet, or be replaced when the next big thing comes around. Just think how many major websites came and went during those last short 20 years.