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Twitter’s mass layoffs have begun

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Re: Twitter’s mass layoffs have begun

#71

What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?

> Which company is going to have an easier time hiring after the dust settles and they have a growth stage again? The one with the better offer, taking a possible layoff payout into account. The comp ranges can be so drastically different between companies that a possibly generous layoff (that is no means guaranteed if Stripe has to do this when circumstances are more dire) is negligible financially.

> The one with the better offer

Is the only thing that determines whether you take a job the salary ?

Because for many people how much you get paid is important but far from the only factor.

Re: Twitter’s mass layoffs have begun

#73
post #13

> “To help ensure the safety of each employee as well as Twitter systems and customer data, our offices will be temporarily closed and all badge access will be suspended,” the email reads. “If you are in an office or on your way to an office, please return home.” Welcome to the dystopian future... I find it a bit galling how companies can force you into home office nowadays if it suits them (you want to avoid your un…

I don't think you understand how mass layoffs in big companies work. There's nothing new or dystopian about it. You probably haven't heard of garden leave as well?

Re: Twitter’s mass layoffs have begun

#74
post #13

> “To help ensure the safety of each employee as well as Twitter systems and customer data, our offices will be temporarily closed and all badge access will be suspended,” the email reads. “If you are in an office or on your way to an office, please return home.” Welcome to the dystopian future... I find it a bit galling how companies can force you into home office nowadays if it suits them (you want to avoid your un…

The not showing up to the office is kind of irrelevant.

Not having a consultation period, whether people are working or on "gardening leave", is illegal in CA, NY, the UK, and many other places for an employer of that size.

Re: Twitter’s mass layoffs have begun

#75

What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?

> Which company is going to have an easier time hiring after the dust settles and they have a growth stage again? The one with the better offer, taking a possible layoff payout into account. The comp ranges can be so drastically different between companies that a possibly generous layoff (that is no means guaranteed if Stripe has to do this when circumstances are more dire) is negligible financially.

The day to day work life is probably the same level of huge contrast as these layoffs. I think that matters more to people than a few thousand dollars difference in pay, when that pay is likely to be in top 2-3% of all US jobs (over 200k).

Re: Twitter’s mass layoffs have begun

#76
Musk is capricious, cruel, and clueless. Whether or not you liked Twitter, it's a culturally significant platform, and Musk has almost certainly destroyed any hope it had of surviving. In barely a week. Hopefully it destroys him, too.

Re: Twitter’s mass layoffs have begun

#77
post #13

> “To help ensure the safety of each employee as well as Twitter systems and customer data, our offices will be temporarily closed and all badge access will be suspended,” the email reads. “If you are in an office or on your way to an office, please return home.” Welcome to the dystopian future... I find it a bit galling how companies can force you into home office nowadays if it suits them (you want to avoid your un…

What about Foxconn China not allowing employees to go home because of ,,zero COVID policy''? For me that is dystopian.

Not allowing employees to leave the office is very different from not allowing them into the office.

Re: Twitter’s mass layoffs have begun

#78
post #13

> “To help ensure the safety of each employee as well as Twitter systems and customer data, our offices will be temporarily closed and all badge access will be suspended,” the email reads. “If you are in an office or on your way to an office, please return home.” Welcome to the dystopian future... I find it a bit galling how companies can force you into home office nowadays if it suits them (you want to avoid your un…

Reading the article and not having a stake in twitter (no account, no stocks, don’t use it at all), seems reasonable. It’s basically, we’re closing office tomorrow, exit the premises please.

Not dystopian at all and there was nothing in the article about go home and work, just go home and receive decision information.

Re: Twitter’s mass layoffs have begun

#79
post #10

And here come the lawsuits... https://www.bloomberg.com/news/articles/2022-11-04/twitter-s...

good luck.... Twitter is at-will. Companies usually fire people on Friday, and show you the door the same moment.

As the first paragraph of that article points out, advance notice is required by federal law, if the company is sufficiently large and if sufficiently many people are being laid off at the same time. At-will employment is not relevant.

https://en.wikipedia.org/wiki/Worker_Adjustment_and_Retraini...

Re: Twitter’s mass layoffs have begun

#80
post #68

In four years Musk will be bored to death with Twitter and will sell it to private equity and the Saudis for $5 billion. At that point it will be mostly a platform for porn creators and crypto pumping, the only two verticals where Twitter seems to be actually growing lately.

!remindMe 2027
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